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(M9) Stalling Ahead Of 166 *RES 4:......>

BUND TECHS
BUND TECHS: (M9) Stalling Ahead Of 166 
*RES 4: 168.20 Channel top resistance 
*RES 3: 167.00 Bull flag breakout target 
*RES 2: 166.75 High March 28 
*RES 1: 166.00 High Apr 3,10 
*PRICE: 165.77 @ 05:07 GMT Apr 26 
*SUP 1: 165.45 21-dma
*SUP 2: 164.62 55-dma
*SUP 3: 164.06 Low Apr 17 
*SUP 4: 163.63 Low Mar 19 
Bund futures continue to struggle to build on recent upside momentum to take out
the key 166 level marking the April 3,10 highs. A close above here would shift
the focus back to the March 28 highs at 166.75 ahead of the bull flag breakout
target at 167.00. Bears look for a close below the 21-dma at 165.45 to build
some downside momentum towards the 55-dma at 164.62. A close below the April 17
low at 164.06 would bring the March 19 low at 163.63 into play.

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