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(U9) Bull trend appears set to resume....>

BUND TECHS
BUND TECHS: (U9) Bull trend appears set to resume
*RES 4: 173.75 Wave equality of May 3 - May 15 rally off Jun 11 low
*RES 3: 173.00 Round number resistance
*RES 2: 173.12 1.618 Fibonacci projection of 166.95-169.75 from 168.59
*RES 1: 172.91 U9 contract high Jun 26
*PRICE: 172.67 @ 02:52 GMT June 26
*SUP 1: 171.95 Low Jun 25 and key short-term support
*SUP 2: 171.51 Low Jun 18
*SUP 3: 171.42 Low Jun 17
*SUP 4: 170.74 Low Jun 6 and trendline support from Apr 17
U9 Bund remains in an uptrend. Following a 3-day pause, bullish activity has
resumed and the Jun 18 high was probed yesterday. Initial resistance is at
172.91, a clear break would confirm a resumption of the uptrend paving the way
for strength towards 173.00 and beyond. Price action from Jun 19 to 25 can be
viewed as a bull flag. This is a continuation pattern reinforcing the positive
outlook for bulls. Support lies at 171.95.

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