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(Z17) Pullback So Far Holding Above......>

BUND TECHS
BUND TECHS: (Z17) Pullback So Far Holding Above The Key 162.11 Level
*RES 4: 162.56 Oct 19 high
*RES 3: 162.25/27 Series hourly highs/lows Oct 18-19
*RES 2: 162.04/12 Oct 19 low, opening gap Oct 20
*RES 1: 161.95 Hourly congestion Oct 13-Oct 16
*PRICE: 161.66 @1535GMT                                   
*SUP 1: 161.35 Oct 20 low
*SUP 2: 161.21 61.8% Fibo of 160.24-162.78
*SUP 3: 161.11 Oct 11 low, 76.4% Fibo of 160.59-162.78
*SUP 4: 160.84 76.4% Fibo of 160.24-162.783
*COMMENTARY* The pullback found support from 161.35 on Friday, as we gave back
some of the gains made since the 160.59 low on Oct 6. Further support seen from
161.21 but the key level is at 161.11. Must hold here if any of the recent
upside momentum is to be retained. In the interim, the move back above 161.69
eases the immediate downside pressure but the higher 161.95-162.12 area becomes
the next obstacle to overcome.

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