Bund: Should Hold Downside
Jason Sen | Aug 12, 2014 04:52AM ET
Bund held just above immediate support is 149.10/05 but below here today is more negative and targets 148.89/84. This should hold the downside but a break lower adds pressure and targets 148.63/60. Very unlikely we fall any further today but below here 148.30/26 is an excellent buying opportunity this week.
Immediate resistance at 149.35/40 then 149.50/55 which held perfectly yesterday. However if we continue higher today look for 149.63/66 before Friday's all time high at 149.84. Any shorts need stops above 149.95.
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