Bund back on support, potential for a bounce!

٦ مارس ٢٠١٨

Bund is back on major support at 159.26 (Fibonacci retracement, horizontal overlap support) and a potential bounce could occur at this level to push price up to at least 160.65 resistance (Fibonacci retracement, horizontal pullback resistance).

RSI (34) is also making a nice pullback to previous resistance-turned-support line.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.