BUND ANALYSIS

(139,98)The BUND confirmed a strong closing on Friday ending the week just below 140, probably on the way toward the 141,77 s/t target. The indicators of the daily chart are well positive as well as those of the weekly one supporting further strength. Those of the s/t ones closed also in positive territory supporting higher levels. Possible s/t pressure should find support already at 139,45 before the support line at 139,00, from where the BUND started the move up on Friday. Only an hourly closing below 139,85 will support a correction.
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