(U18) Rally Still Troubled By............>

BUND TECHS: (U18) Rally Still Troubled By 162.88-162.89 Resistance

*RES 4: 163.97 1% volatility band

*RES 3: 163.30 1.618 swing of 162.89-162.22

*RES 2: 163.03/05 May 30 high, 76.4% Fibo of 164.19-159.37

*RES 1: 162.89 Jul 2 high

*PRICE: 162.59 @1525GMT

*SUP 1: 162.10/22 Hourly support, Jul 3 low

*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* The swing target at 162.88 has basically put a lid on rallies so

far. A high of 162.89 seen on Monday, before once again pulling back within the

recent range above key near term support between 161.85-161.75. There is interim

support from 162.22-162.10 and the latter should really hold now, if further

gains through 162.89, toward 163.05-163.30 are to be seen at this stage. Loss of

162.10 and then 161.75, would trigger a correction of the rise from 159.37.