GERMAN BUND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly chart, German Bund is trading in a down channel
German Bund is trading above 5&20 SMA
RSI is in buying zone which indicates bullishness. Stochastic suggests up trend.
Its immediate support is at 135.41 & the resistance level is at 138.01.
The price of the German Bund is currently attempting to break through a resistance zone, and if it breaks, we might see a rise to the next resistance.
GERMAN BUND PRICE TECHNICAL ANALYSIS: DAILY CHART
In the daily chart German Bund is trading in up channel.
German Bund is currently trading above all SMA.
RSI is in buying zone which indicates bullishness. Stochastic suggests up trend
Its immediate support is at 136.93 & immediate resistance is at 138.01
How to Trade German Bund this Week
The price of the German Bund is currently attempting to break through a resistance zone, and if it breaks, we might see a rise to the next resistance.