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(U17) Above 164.79 Targets 165.44-55.....>

BUND TECHS
BUND TECHS: (U17) Above 164.79 Targets 165.44-55
*RES 4: 165.44 High June 26
*RES 3: 164.79 Low June 21 now resistance
*RES 2: 164.43 Low June 19 now resistance
*RES 1: 164.30 High June 28
*PREVIOUS CLOSE: 164.24
*SUP 1: 163.91 Hourly support Aug 10
*SUP 2: 163.51 High Aug 4 now support
*SUP 3: 163.25 Low Aug 9
*SUP 4: 163.18 55-DMA
*COMMENTARY: Bulls regained the upper hand with the close above 163.51 that now
sees initial focus on 164.43-79 and bulls needing a close above 164.79 to
confirm focus on 165.44-55 where June highs are situated. Layers of support are
building with bears now needing a close below 163.91 to ease immediate bullish
pressure and shift focus back to 163.18-51. Below the 55-DMA is needed to
initially target 162.40-63.

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