Technical forecast for Bund

Bund September bullish key day reversal on Friday in theory marks the end of the bear trend at this stage, as long as we hold above 136.40. Today any profit taking sees 137.40/35 which held the downside yesterday, but short term we are overbought now so watch for a break below 137.30 to target 137.03.

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Technical forecast for Bund

Bund September hit excellent support at 136.45/41 for a buying opportunity & bottomed exactly here. We rallied off an oversold position but rocketed way higher than expected to