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(U17) 163.88-163.51 Support As Rally.....>

BUND TECHS
BUND TECHS: (U17) 163.88-163.51 Support As Rally Wanes
*RES 4: 165.16 1% volatility band
*RES 3: 165.07 6 month falling resistance line
*RES 2: 164.98 Equality rise from 162.84 to 161.37-163.51
*RES 1: 164.64 Aug 11 high
*PRICE: 164.21 @1534GMT                                   
*SUP 1: 163.86 Hourly support
*SUP 2: 163.51/64 Aug 4 high, Aug 10 low
*SUP 3: 163.17/25 Opening gap Aug 8-Aug 9
*SUP 4: 162.84 Aug 7 low
*COMMENTARY* Continued to rise on Friday, moving through the 76.4% Fibo retrace
level at 164.31. A high of 164.64 but as yet to make a challenge to the next set
of resistances from between 164.98-165.07. These an equality rise target and the
current level of the 6 month falling resistance line. Have subsequently seen a
setback which as a consequence, now sees nearest support from 163.88. Back below
the Aug 4 high at 163.51 would concern now. 

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