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(U17) Testing 163.51 Support As Rally....>

BUND TECHS
BUND TECHS: (U17) Testing 163.51 Support As Rally Wanes
*RES 4: 165.06 6 month falling resistance line
*RES 3: 164.98 Equality rise from 162.84 to 161.37-163.51
*RES 2: 164.64 Aug 11 high
*RES 1: 164.25/40 Hourly resistance
*PRICE: 163.81 @1505GMT                                   
*SUP 1: 163.45/51 Intraday low, Aug 4 high
*SUP 2: 163.17/25 Opening gap Aug 8-Aug 9
*SUP 3: 162.84 Aug 7 low
*SUP 4: 162.67 Jul 24 high, now support
*COMMENTARY* Continued to rise on Friday, moving through the 76.4% Fibo retrace
level at 164.31. A high of 164.64 but failed 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, sustained break back below the Aug 4 high at 163.51
would concern now and set off a correction. 

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