(Z9) Still Eyeing The Upside *RES 4:.....>

BUND TECHS: (Z9) Still Eyeing The Upside

*RES 4: 175.62 High Sep 12

*RES 3: 175.07 61.8% of Sep 3 - Sep 13 decline

*RES 2: 174.97 High Sep 25 and initial bull trigger

*RES 1: 174.78 High Oct 3

*PRICE: 174.12 @ 03:00 GMT Oct 8

*SUP 1: 173.88 Low Oct 3

*SUP 2: 173.31/29 Low Oct 1 / Low Sep 20

*SUP 3: 172.65 Low Sep 18

*SUP 4: 172.18 Low Sep 13 and key support

Z9 Bund edged lower yesterday, however activity continues to trade sideways. A

slightly more bullish tone remains intact. To reinforce this though, prices need

to clear 174.97, Sep 25 high and the 61.8% retracement of Sep 3 - Sep 13

decline, at 175.07. This would confirm a bullish theme and open 175.62 and

higher. Initial key support remains 173.31/29. A break below this level would

alter the picture and highlight a bearish threat.