The German 10yr Bund is at channel support.
Ahead of the ECB decision the German 10yr BUND is at an inflection point with the 166.66 breakout point and channel support being tested. This goes without saying, a break below is bearish, but a pivot from here keeps the bullish momentum alive. RSI was divergent and signaled the turn two weeks ago, but with daily RSI back to mid range, it could go either way.
Blake Morrow
