Bunds Test Critical 16bps Support, Inside High Distribution Zone
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- German bund yield tests the down-trendline from Jan. 2014 and 38.2% Fibonacci at 16bps, which is located within 12-18 bps high tick distribution zone (trade activity), Bloomberg technical analyst Sejul Gokal writes.
Alert: HALISTER1- See chart
- Earlier: Bund Futures Hit 4-Mo. Low; 161.90-61 Support, RSI Oversold
- NOTE: Sejul Gokal is a technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice.
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283