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(Z17) 162.97-163.22 The Next Barriers....>

BUND TECHS
BUND TECHS: (Z17) 162.97-163.22 The Next Barriers To Recovery
*RES 4: 164.40 76.4% of 165.69-160.24, 1% volatility band
*RES 3: 163.63 Nov 8 high
*RES 2: 163.22 Nov 8 low, 76.4% Fibo of 163.63-161.91
*RES 1: 162.97 61.8% Fibo of 163.63-161.91
*PRICE: 162.87 @1244GMT                                   
*SUP 1: 162.36/47 Hourly support
*SUP 2: 162.11 Hourly base Nov 14
*SUP 3: 161.86/91 61.8% of 160.76-163.63, Nov 14 low
*SUP 4: 161.44 76.4% Fibo of 160.76-163.63
*COMMENTARY* The fallout from the 'shooting star' candle close continued on
Tuesday, a low of 161.91, on the approach to very decent support around
161.86-161.85. This also being the swing target of the recent 162.13-162.55
recovery. The subsequent bounce on the back of some oversold conditions has now
made it's way back through 162.55 towards 162.97. This and 163.22 are now the
brake to a continued recovery. meanwhile, support rises to 162.47-162.11

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