30 Dec
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 133.24 & the resistance level is at 134.73
German Bund will trade in down channel until there is any trend reversal.
GERMAN BUND PRICE TECHNICAL ANALYSIS: DAILY CHART
In the daily chart, German Bund is trading in down channel. German Bund is currently trading below all SMA.
RSI is in selling zone which indicates bearishness. Stochastic suggests down trend
Its immediate support is at 133.48 & immediate resistance is at 134.17
How to Trade German Bund this Week:
German Bund will follow the downtrend until any trend reversal. So, remain bearishness on the German bund.
