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(U18) Rally Reaches Swing Target *RES....>

BUND TECHS
BUND TECHS: (U18) Rally Reaches Swing Target
*RES 4: 163.75 1% volatility band
*RES 3: 163.16 1.618 swing of 162.66-161.85
*RES 2: 163.03/05 May 30 high, 76.4% Fibo of 164.19-159.37
*RES 1: 162.88/89 1.618 swing of 162.55-162.01, intraday high
*PRICE: 162.44 @0716GMT
*SUP 1: 162.05/10 Hourly support
*SUP 2: 161.75/85 Jun 26, Jun 29 lows
*SUP 3: 161.52 Jun 15 high, now support
*SUP 4: 161.26 Jun 21 low
*COMMENTARY* Last week's pullbacks put 161.80-161.75 support to the test, before
rallying once again. Still having problems maintaining a break of the recent
162.55-162.66 highs, will need to conquer this region, before the chance of
extending gains into the swing target at 162.88 next or the higher 163.03-163.16
area. Support for the time being comes from 162.10-162.05 ahead of that still
important 161.80-161.75. Loss will caution.

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