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Technical Forecast for BOBL

Technical Forecast for BOBL


Bobl held resistance at 125.86/88 but above here today meets a trend line at 125.95/98. We could see a high for the day here so exit longs & try shorts with stops above 126.05. Be ready to buy in to longs on a break higher for a target of 126.19/24


Immediate support is 125.69/66 but below here a retest of the 100 week moving average at 125.54/53 offers a buying opportunity & a low for the day expected again. Stops on longs below 125.48 for good support at 125.38/34 & another buying opportunity today.

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Posted-In: Technicals Markets Trading Ideas


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