GERMAN BUND FUT. Price Technical Analysis: Weekly Chart
In the weekly charts, GERMAN BUND FUT. is trading in a down channel.
GERMAN BUND FUT. is trading below all SMA.
The nearest support is 164.28 & the resistance is at 167.62.
GERMAN BUND FUT. will follow the downtrend until there is a trend reversal.
GERMAN BUND FUT. Price Technical Analysis: Daily Chart
In the daily charts, GERMAN BUND FUT. is trading in an up channel.
GERMAN BUND FUT. is trading below 50 and 100 days SMA & above 20 days SMA.
The nearest support is 166.25 & the resistance is at 167.12.
GERMAN BUND FUT. will follow the uptrend until there is a trend reversal.
How to Trade GERMAN BUND FUT. this Week:
GERMAN BUND FUT. will follow the uptrend until their trend reversal. So, remain bullish on GERMAN BUND FUT.
TRADE SUGGESTION- BUY AT 166.74, TAKE PROFIT AT 167.12 AND STOP LOSS AT 166.25
