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(U17) 164.79 Resistance Key Today *RES...>

BUND TECHS
BUND TECHS: (U17) 164.79 Resistance Key Today
*RES 4: 165.55 Monthly High June 14
*RES 3: 165.44 High June 26
*RES 2: 164.79 Low June 21 now resistance
*RES 1: 164.64 High Aug 10
*PREVIOUS CLOSE: 164.55
*SUP 1: 164.19 Low Aug 11
*SUP 2: 164.03 Hourly support Aug 10
*SUP 3: 163.64 Low Aug 10
*SUP 4: 163.51 High Aug 4 now support
*COMMENTARY: Bulls regained the upper hand with the close above 163.51 that sees
initial focus on 164.79 and bulls needing a close above to confirm focus on
165.44-55 where June highs are situated. Layers of support continue to build
with bears now needing a close below 164.03 to ease immediate bullish pressure
and shift focus back to 163.51-64. Below the 55-DMA (163.20) is needed to
initially target 162.40-63.

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