Bunds unexpectedly shot higher through 141.49 for 142.45/50 and continued higher to our next target of 142.90/96 where wemeet the 21 day MA and the 55 day above at 143.06. If we can push higher then we run in to the 9 week MA and one month downtrend at 143.29/32 which may be enough of a rally for today at least. Resistance above at 143.47/49 then 143.64/66.

Support now at 142.51/47. We closed back above the 5 month uptrend line at 142.22 with 9 day MA support here also at 142.26but a break below 142.15 signals further losses with 141.84/81 the target.SUPPORT