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(Z17) Still Trying To Push Higher *RES...>

BUND TECHS
BUND TECHS: (Z17) Still Trying To Push Higher
*RES 4: 163.73 1.618 swing of 163.30-162.61
*RES 3: 163.63 Nov 8 high
*RES 2: 163.51/55 Swing 163.08-162.38, equality from 162.38
*RES 1: 163.30/32 Nov 22, intraday highs
*PRICE: 163.14 @1625GMT
*SUP 1: 162.75/85 Hourly support
*SUP 2: 162.61 Nov 22 low
*SUP 3: 162.38 Nov 16 low
*SUP 4: 162.20/25 Congestion area Nov 10-13
*COMMENTARY* Still trying to push higher and sustain a break above 163.22. This
the Nov 8 low, as well as a 76.4% Fibo retrace of the 163.63-161.91 fall,
witnessed at the beginning of the month. Support now from 162.85-162.75 ahead of
last week's 162.61 low. Any lower will caution and suggest scope for a
162.38-162.20 fall. Maintained break of 163.30 and dual resistance from
163.51-55 before the month's 163.63 high and second swing target at 163.73.

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