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(U9) Bulls still in the driving seat.....>

BUND TECHS
BUND TECHS: (U9) Bulls still in the driving seat
*RES 4: 174.06 1.764 Fibonacci ratio of Apr 30-May 15 rally off Jun 27 low
*RES 3: 174.00 Round number resistance
*RES 2: 173.92 Wave equality of Apr 17-Apr 26 rally from the Jun 27 low
*RES 1: 173.78 U9 intraday contract high
*PRICE: 173.67 @ 02:56 GMT July 3
*SUP 1: 172.91 Jun 25 high and former key bull trigger
*SUP 2: 172.46 Jun 28 low
*SUP 3: 171.92 Low Jun 27
*SUP 4: 171.32 Trendline support from the Apr 17 low
U9 Bund is firm with the bull trend extending higher once again on Tuesday and
thus far today. The focus now turns to Fibonacci projection levels at 173.62 and
173.92. The former has already been achieved today. 174.00 beckons too. Momentum
readings are overbought and have been for the most part since late May. However
this is not having any bearish impact on the uptrend which in turn reinforces
the current bullish market conditions. 172.91 is support.

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