The BUND confirmed further consolidation interior the negative outside day with 138,46 – 136,34 still the levels to follow in the coming hours. Only a daily closing above 138,46 will support higher!
The indicators of the daily chart are positive as well as those of the s/t ones supporting higher levels.
In the s/t only a return below 137,50 will postpone the move up favouring lower levels toward the key one at 136,35!!
We remain on the sideline following the outside day for confirmations.
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FUTURE TREND RESEARCH