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(Z17) Further Fall Spikes Below Key......>

BUND TECHS
BUND TECHS: (Z17) Further Fall Spikes Below Key 161.14-161.18 Support
*RES 4: 162.64 Sep 11 low, now resistance
*RES 3: 162.32 Hourly recovery high Sep 12
*RES 2: 162.05/07 Sep 14, Sep 13 highs
*RES 1: 161.70/82 Hourly resistance, Sep 15 high
*PRICE: 161.22 @1055GMT                                   
*SUP 1: 161.07/14 Sep 15, Aug 18 lows
*SUP 2: 160.58 1% volatility band
*SUP 3: 160.49/50 50% Fibo of 157.55-163.43, Aug 16 low
*SUP 4: 159.99 Aug 7 low
*COMMENTARY* A brief spike below the 161.14-161.18 area on Friday, resulted in a
161.07 low, before recovering on the back of some near term oversold conditions.
In the interim, will need to see gains back above 161.70-161.82 however, before
the chances improve of a better recovery of losses from 163.43, beginning with
162.05-162.07. Below 161.07 and not much currently showing until the 1%
volatility band at 160.58 and dual support from 160.49-169.50. 

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