Bobl, Bund, 10 Year Gilt, Schatz

Daily Forecast – 21st March 2013 Bobl June contract Bobl failed at the 1 year trend line at 126.49/50 to test 126.20 which did hold again as hoped. Below 126.33 today another test of 126.20/18 is likely with more chance of a break & a gap to fill at 126.02 today. Watch for the bounce here but if we break 125.95 we could reach 125.80/77. Above 126.33 we run in to resistance at 126.41/46 but above here offers the chance to retest 126.63/66 highs. A push through here targets 126.79/80 then

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Bobl, Bund, 10 Year Gilt, Schatz

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