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(Z17) 163.14-163.19 Next Targets After...>

BUND TECHS
BUND TECHS: (Z17) 163.14-163.19 Next Targets After Break Of 162.83
*RES 4: 163.75 1% volatility band
*RES 3: 163.43 Sep 8 high
*RES 2: 163.14/19 6 week bull channel proj'n, swing target
*RES 1: 162.99 Intraday high
*PRICE: 162.86 @1335GMT                                   
*SUP 1: 162.24/25 Nov 2, Oct 30 lows
*SUP 2: 162.00 Oct 26 high, now support
*SUP 3: 161.63 Oct 27 low
*SUP 4: 161.24 Initial rally high Oct 26, now support
*COMMENTARY* Rally has continued today, moving through the Oct 31 high to reach
162.99 so far. Still see 162.24 as initial support. A hold above is required, in
order to retain recent upside momentum and stave off a deeper correction of
recent gains from last week's 160.76 base. Directly above 162.99 and the 6 week
bull channel projection at 163.14 and the swing target at 163.19, of the recent
162.83-162.24 fall are then the bar to a 163.43-163.75 rise.

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