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(U0) Bullish Conditions Hold *RES 4:.....>

BUND TECHS
BUND TECHS: (U0) Bullish Conditions Hold
*RES 4: 177.52 High May 15 and key resistance
*RES 3: 177.35 High May 18
*RES 2: 177.00 Round number resistance
*RES 1: 176.92 High Jul 10
*PRICE: 176.38 @ 04:51 BST Jul 13
*SUP 1: 175.96 Low Jul 9
*SUP 2: 175.62 Low Jul 6 and key near-term support
*SUP 3: 175.04 Low Jul 2
*SUP 4: 174.80 Low Jun 17
Bund futures traded higher again Friday breaching resistance at 176.86, Jun 29
high to reinforce the current bullish theme that has been in place Jun 5.
Despite pulling away from the high, further gains are seen likely. A break of
Friday's peak of 176.92 would pave the way for strength towards 177.52, May 15
high next. Initial support lies 175.93, Jul 9 low ahead of the stronger support
at 175.62 level, Jul 6 low.

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