German Bund Future Price Analysis – 18 February 2022

German Bund Future Price Analysis – 18 February 2022

Technical Analysis

GERMAN BUND FUT Price Technical Analysis: Weekly Chart

German Bund Future

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 164.23 & the resistance is at 167.58.

GERMAN BUND FUT will follow the downtrend until there is a trend reversal.

GERMAN BUND FUT Price Technical Analysis: Daily Chart

German Bund Future

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 166.39.

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 165.88, TAKE PROFIT AT 165.33 AND STOP LOSS AT 166.39

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