GERMAN BUND PRICE TECHNICAL ANALYSIS AND LATEST MARKET NEWS- 10 FEBRUARY 2022
10 Feb 2023
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GERMAN BUND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In weekly chart German Bund is trading in down channel
It is trading below all SMA
RSI is in selling zone which indicates bearishness. Stochastic suggests down trend.
Its immediate support is at 135.59 & the resistance level is at 136.85
German Bund marked lower than previous week and support level is broken, now further downside can be seen.
GERMAN BUND PRICE TECHNICAL ANALYSIS: DAILY CHART
In daily chart German Bund is trading in down channel.
German Bund is currently trading below all SMA.
RSI is in buying zone which indicates bullishness. Stochastic suggests down trend
Its immediate support is at 135.81 & immediate resistance is at 136.42
How to Trade German Bund this Week
German Bund is trading in the down channel it has broken the previous day’s low and its support level now further downside can be seen.