German Bund Technical Outlook on November 10, 2014

The German 10-year bond (“Bund”) is targeting its December contract high (152,50) after having found crucial support @ 150 a few weeks ago. This is the safe-have per se in the European bond markets universe and an interest-rate benchmark for the whole Eurozone area.

German 10-year Bund, daily candlechart:

Euro Bund(Daily)20141110162125

Chart courtesy of investing.com. http://investing.com

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