Bunds: 146.00 range resistance pressured, as oscillators exit overbought region - RBS

FXStreet (Łódź) - As RBS Technical Analyst Dmytro Bondar notes, the range of 144.00-146.00 for Bunds remains in place, as the price keeps testing resistance as key oscillators (like slow stochastcis) exit from overbought region.

Key quotes

"Taking into account long-term yield charts indicating a possibility of yield testing 1.21% level, I think there may be an upside break of the range after this consolidation is completed."

"If so, 146.75 would stand as the next resistance level."