Bobl slumped towards support at 124.90/88, bouncing from 124.92 to resistance at 125.19 & topped at 125.21. Watch 125.21/24 but above here targets
Bobl June contract Daily Forecast - 04 April 2014Bobl slumped towards support at 124.90/88, bouncing from 124.92 to resistance at 125.19 & topped at 125.21. Watch 125.21/24 but above here targets 125.34/36. A good chance of a high for the day but if we continue higher next resistance at 125.43/44 is a selling opportunity.
Immediate support is 125.12 then 125.05/02 but below here risks a retest of 124.92/90. If we continue lower watch for March lows at 124.82/78.
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