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(U9) Closing in on 174.92 bull trigger...>

BUND TECHS
BUND TECHS: (U9) Closing in on 174.92 bull trigger
*RES 4: 175.95 2.00 projection of the Mar 4-Mar 28 rally from Apr 17 low
*RES 3: 175.71 Bull channel top drawn off the Apr 17 low
*RES 2: 175.00 Round number resistance
*RES 1: 174.92 Contract high, Jul 25
*PRICE: 174.65 @ 02:45 GMT July 31
*SUP 1: 173.92 Low Jul 26
*SUP 2: 173.49 Low Jul 25 and key support
*SUP 3: 173.27 Low Jul 19
*SUP 4: 173.02 Low Jul 18
U9 Bund remains bullish with prices gradually climbing towards last weeks 174.92
high. The focus remains on last Thursday's trading session. Price action traded
within a wide range and closed down on the day. This activity may be a warning
sign for bulls, potentially marking an early indication the trend is mature. A
key support and near term risk parameter for the uprend has been defined at
173.49, the low of July 25. While it holds though, the outlook is bullish.

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