The BUND confirmed a weak closing again well below the low of the previous session but at least it recovered from the low at 134,36.
The indicators of the daily chart are well negative as well as those of the 4h one where we have oversold conditions!! Only the hourly chart is showing a recover for the indicators. An hourly closing above 135,46 will favour an extension of the correction suggesting a 136 overshooting.
We suggest waiting for possible higher levels to sell but for the moment only above the 136 level!!
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FUTURE TREND RESEARCH