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(U18) Holding Into 161.30-161.13.........>

BUND TECHS
BUND TECHS: (U18) Holding Into 161.30-161.13 Support
*RES 4: 163.03/05 May 30 high, 76.4% Fibo of 164.19-159.37
*RES 3: 162.35 61.8% Fibo of 164.19-159.37, 1% vol band
*RES 2: 162.22 1.618 swing of 161.13-159.37
*RES 1: 161.86 Jun 19 high
*PRICE: 161.40 @0745GMT
*SUP 1: 161.26/30 intraday low, hourly support
*SUP 2: 161.13 Jun 8 high, now support
*SUP 3: 160.95 Hourly base Jun 15
*SUP 4: 160.22 Jun 13 high, now support
*COMMENTARY* The rally to 161.86 on Tuesday looks to have completed a 5 wave
sequence in the rise seen since the Jun 12 low at 159.37. The appearance of a
small 'Gravestone Doji' at Tuesday's close also doesn't help. Now looking for
support from between 161.30-161.13. Ideally these hold the pullback, else the
160.95 level becomes vulnerable and with it the risk of a deeper setback. Back
above 161.86 would dispel these fears and allow 162.22-162.35 next.

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