Bunds: New Contract Highs Make Dips Attractive
3cAnalysis | Jul 30, 2014 07:03
Monday’s indecisive price action was followed by fresh demand. This move took German Bunds to new contract highs (and historically low yields) and back to the top of a positively trending Keltner channel.
Once again intraday sentiment is overbought, offering the potential for profits, but with setbacks still assessed as buying opportunities sentiment remains positive with scope through 148.94 to 149.10.
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