Technical forecast for Schatz

Schatz beat 110.17 to hit the next target of 110.20/21. We look overbought short term in the bear trend at this stage but if we continue higher look for 110.25/26.

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Technical forecast for Schatz

Schatz held 110.01 and therefore the yearly low for 2012 at 109.98 last week. We shot way higher than expected as the market volatility increases. Above 110.17 today