Bund holding above the July high at 163.39 & re-targets 163.60/64 in oversold conditions. There is a good chance we trade sideways to lower to ease these conditions. However a break higher meets trend line resistance at 163.84/86. Watch for a high for the day. If we unexpectedly continue higher look for a test of 163.97/164.02 before the May high at 164.15/19.
Minor support at 163.23/20 but below here meets better support at 163.00/162.95. Below 162.90 risks a slide to 162.80 & support at 162.60/55.