The BUND confirmed a session of consolidation forming a new inside day with 138,13 – 136,05 the levels to follow in the coming hours!! A daily closing below 136,05 will confirm lower levels.
The indicators of the daily chart are still negative as well as those of the 4h one. The indicators of the hourly hart are now close to return negative supporting further weakness. Only an hourly closing below 136,19 will however confirm lower levels.
We expect lower levels but move the stop now at 137,72 just in case.
We stay short.
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FUTURE TREND RESEARCH