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(U18) Break Through 162.35 Has...........>

BUND TECHS
BUND TECHS: (U18) Break Through 162.35 Has 162.69-162.82 Potential
*RES 4: 163.03/05 May 30 high, 76.4% Fibo of 164.19-159.37
*RES 3: 162.82 1% volatility band
*RES 2: 162.69 1.618 swing of 162.35-161.80
*RES 1: 162.57 Intraday high
*PRICE: 162.21 @1555GMT
*SUP 1: 161.95 Hourly support
*SUP 2: 161.80 Jun 22 low
*SUP 3: 161.52 Jun 15 high, now support
*SUP 4: 161.26 Jun 21 low
*COMMENTARY* After holding 161.80 on Friday, the rally has now extended through
last Thursday's 162.35 high, also a 61.8% Fibo retrace level of the preceding
164.19-159.37 fall, seen over the first half of this month. This now opens the
chance  of seeing a higher 162.69-162.82 rise, the latter the upper 1%
volatility band today. As a result, nearest support moves up to 161.95 but only
below 161.80 would disappoint now. Above 162.82 and look to 163.03-163.05 next. 

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