Bund Analysis May 30th 2018

in #forex • 8 years ago

Daily Forecast - 30 May 2018

Bund reached 163.75 on my update yesterday & continued higher to the next target of 164.10/20. We topped exactly here & collapsed to 161.91. Holding above 163.25 re-targets 164.10/20. On further gains look for 164.50/55. Some resistance at 164.70/75 but obviously don't think about shorts in this environment without a sell signal.

Below 163.20 risks a slide to support at 162.65/60. If we continue lower look for 162.25/20 then a buying opportunity at 161.95/90.

#bund #trading #daytrading
8 years ago in #forex by
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