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 164.95 & the resistance is at 166.02.
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 a down channel.
GERMAN BUND Fut. is trading below all SMA.
The nearest support is 165.33 & the resistance is at 166.00.
GERMAN BUND Fut. will follow the downtrend 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 165.60, TAKE PROFIT AT 165.33 AND STOP LOSS AT 166.00