GERMAN BUND FUT.: WEEKLY SCENARIOS

bund technical analysis

GERMAN BUND FUT. Price Technical Analysis: Weekly Chart

technical analysis of german bund

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 156.03 & the resistance is at 164.27.

GERMAN BUND FUT. was trading in the down channel before the breakout downside.

GERMAN BUND FUT. Price Technical Analysis: Daily Chart

technical analysis of german bund

In the daily charts, GERMAN BUND FUT. is trading in down channel.

GERMAN BUND FUT. is trading below all SMA.

The nearest support is 157.65 & the resistance is at 158.63.

GERMAN BUND FUT. is trading in the down channel until there is a trend reversal.

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 158.20, TAKE PROFIT AT 157.65 AND STOP LOSS AT 158.63

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