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 158.72 & the resistance is at 164.26.
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. is trading in down channel.
GERMAN BUND FUT. is trading below all SMA.
The nearest support is 159.04 & the resistance is at 160.24.
GERMAN BUND FUT. is trading in the down 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 159.50, TAKE PROFIT AT 159.04 AND STOP LOSS AT 160.24
