GERMAN BUND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In weekly chart, German Bund is trading in the down channel
It is moving below 20 & 50 MA except for 5MA
RSI is in buying zone which indicates bullishness. Stochastic suggests up trend.
Its immediate support is at 141.05 & the resistance level is at 143.17
German Bund will trade in the down channel until there is any trend reversal.
GERMAN BUND PRICE TECHNICAL ANALYSIS: DAILY CHART
In the daily chart, the German Bund is trading in the up channel. German Bund is currently moving above 20 & 50 SMA.
RSI is in buying zone which indicates bullishness. Stochastic suggests up trend
Its immediate support is at 141.05 & immediate resistance is at 141.92
German Bund will trade up the channel until there is a trend reversal.
How to Trade German Bund this Week:
German Bund will follow the uptrend until any trend reversal. So, remain bullish on the German bund.
