GERMAN BUND FUT. Price Technical Analysis: Weekly Chart
In the weekly charts, GERMAN BUND FUT. was trading in a down channel.
GERMAN BUND FUT. is trading below all SMA.
The nearest support is 161.76 & the resistance is at 164.25.
GERMAN BUND FUT. was trading in the down channel before the breakout downside.
GERMAN BUND FUT. Price Technical Analysis: Daily Chart
In the daily charts, GERMAN BUND FUT. was trading in up channel.
GERMAN BUND FUT. is trading below all SMA.
The nearest support is 161.99 & the resistance is at 164.26.
GERMAN BUND FUT. was trading in the up channel before the breakout downside.
How to Trade GERMAN BUND FUT. this Week:
GERMAN BUND FUT. will follow the downtrend until their trend reversal. So, remain bearish on GERMAN BUND FUT.
TRADE SUGGESTION- SELL AT 162.12, TAKE PROFIT AT 161.99 AND STOP LOSS AT 164.26
