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(M9) Reversal Potential Should 163.92....>

BUND TECHS
BUND TECHS: (M9) Reversal Potential Should 163.92 Give Way 
*RES 4: 167.21 138.2% projection from 165.84-166.83 (continuation chart) 
*RES 3: 166.83 High Feb 8 (continuation chart) 
*RES 2: 166.28 High Mar 7 (continuation chart) 
*RES 1: 164.74 High Mar 8,12 
*PRICE: 164.16 @ 05:00 GMT Mar 18 
*SUP 1: 163.92 Low Mar 12 
*SUP 2: 163.43 Low Mar 7 
*SUP 3: 163.06/163.10 Low Mar 5/50-dma 
*SUP 4: 162.42 Low Mar 1 
Friday's session saw Bund futures fail to break below their March 12 lows at
163.92 but the recovery has been lacking keeping the focus on this level for
now. Below here would open the March 7 low at 163.43 as the next downside target
ahead of the 50-dma and the March 5 low. Bulls need to take out the March 8,12
highs at 164.74 to reignite upside momentum and put the focus back on the Feb
highs on the continuation chart.

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