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(Z17) Minor 160.85 Support Protects......>

BUND TECHS
BUND TECHS: (Z17) Minor 160.85 Support Protects 160.58-160.49 Fall
*RES 4: 162.45 Hourly recovery high Sep 12
*RES 3: 162.05/07 Sep 14, Sep 13 highs
*RES 2: 161.82 Sep 15 high
*RES 1: 161.43/51 Hourly resistance
*PRICE: 160.97 @1510GMT                                   
*SUP 1: 160.85 Hourly support
*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* Have now seen a fresh low on the day, as we approach 160.85, a
minor swing target of the recent 161.07-161.43 recovery. In the interim, will
need to see gains back above 161.43-161.51 now however, before the chances
improve of a better recovery of losses from 163.43, beginning with
161.82-162.07. Below 160.85 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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