(M9) Testing Uptrend Support *RES 4:.....>

BUND TECHS: (M9) Testing Uptrend Support

*RES 4: 167.65 First Pivot Resistance (162.42 - 166.75) 

*RES 3: 166.83 High February 8 

*RES 2: 166.75 High March 28 

*RES 1: 166.00 High Apr 3,10 

*PRICE: 165.54 @ 04:53 GMT Apr 12

*SUP 1: 165.50 Uptrend support from March 4 lows

*SUP 2: 165.07 Low Apr 5 

*SUP 3: 164.62 Low March 22 

*SUP 4: 164.41 50-dma 

Bund futures have edged back from the 166.00 level to test uptrend support from

the March 4 lows which comes in just below current levels. Below here would

bring the April 5 low at 165.07 into play head of the March 22 low at 164.62.

Bulls need to recover 166.00 to return the focus to the March 28 high at 166.75.

Above here would reignite positive momentum bringing the Feb 8 high back into

play on the continuation chart.