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(Z17) 162.05 Break Now Needed To.........>

BUND TECHS
BUND TECHS: (Z17) 162.05 Break Now Needed To Continue Recovery
*RES 4: 163.00 1% volatility band
*RES 3: 162.78 76.4% Fibo of 163.43-160.66
*RES 2: 162.37 61.8% Fibo of 163.43-160.66
*RES 1: 162.05 Sep 14 high
*PRICE: 161.86 @0830GMT                                   
*SUP 1: 161.41/50 Sep 20 high, hourly support
*SUP 2: 161.12 Sep 25 low
*SUP 3: 160.88 Sep 22 low
*SUP 4: 160.66 Sep 21 low
*COMMENTARY* Key support from above 160.49-50 managed to hold last week, a low
of 160.66, before staging a recovery. This has been exacerbated by Monday's rise
through last week's 161.41 range top. The Sep 14 high at 162.05 now the focus,
as we claw back losses from the month's earlier 163.43 high. Through here and
the higher Fibo retraces at 162.37 and 162.78 then come into play. Support rises
accordingly, 161.50-161.41 the immediate downside protection.

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