Bund Futures Technical Levels in Focus
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Bund futures (RX1) technical levels in focus.
- Daily Trend Bias: Bullish
- Comment: Topside risks still persist despite second-day pullback; good support comes in at 163.51, the prior breakout zone
- Resistance: 164.06-12 (gap top, pivot); 164.19; 164.38-44; 164.64-70
- Support: 163.64; 163.51 (strong); 163.42; 163.33-25 (strong); 163.03
- NOTE: Roll-adjusted by difference in GFUT
- NOTE: Sejul Gokal is a FICC technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283