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(U18) Break Of Recent Highs Not Long.....>

BUND TECHS
BUND TECHS: (U18) Break Of Recent Highs Not Long Lived
*RES 4: 163.46 1% volatility band
*RES 3: 163.03/05 May 30 high, 76.4% Fibo of 164.19-159.37
*RES 2: 162.88 1.618 swing of 162.55-162.01
*RES 1: 162.69 Hourly resistance
*PRICE: 162.42 @1520GMT
*SUP 1: 161.95/01 Hourly support
*SUP 2: 161.75 Jun 26 low
*SUP 3: 161.52 Jun 15 high, now support
*SUP 4: 161.26 Jun 21 low
*COMMENTARY* This week's pullback has given 161.80 support a test, a low of
161.75 posted on Tuesday, before rallying once again. Still having problems
maintaining a break of the recent 162.55-162.57 highs, will need to conquer this
region and 162.69, before the chance of extending gains into the swing target at
162.88 next or more likely the higher 163.03-163.05 area. Support for the time
being remains from 162.01-161.95 ahead of that still important 161.80-161.75.

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