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(Z17) Loss Of 161.05 Sees Pressure.......>

BUND TECHS
BUND TECHS: (Z17) Loss Of 161.05 Sees Pressure Back On 160.65-160.66
*RES 4: 161.82 Oct 4 high
*RES 3: 161.66 Oct 5 high
*RES 2: 161.36 Hourly recovery high Oct 5
*RES 1: 161.15/23 Hourly resistance
*PRICE: 160.97 @1106GMT                                   
*SUP 1: 160.65/66 Oct 3, Oct 2 lows
*SUP 2: 160.41 1.618x 161.82-161.05 from 161.66
*SUP 3: 160.24 Sep 28 low
*SUP 4: 159.77/80 Jul 24 high, 61.8% Fibo of 157.55-163.43
*COMMENTARY* A high of 161.82 on Wednesday, as rally unable to make it back to
161.98. The subsequent fall that day, created a small potentially bearish 'Doji'
candle close. The resulting dip back below 161.05, now sees pressure return to
the 160.65-66 region. Any lower and the projection target at 160.41 then
protects the Sep 28 low at 160.24. Meanwhile, resistance from 161.15-161.23 but
likely requiring back above 161.36 before any real improvement will follow.

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