SharifAzadeh

Bunds; Critical Days Ahead

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FX:BUND   Euro-Bund
3
We are witnessing extremely critical times. I see the price action from the lows more corrective than impulsive. We are the upper area of the channel with an AB=CD in a massive change of polarity zone.

I see bulls having hard time breaking this zone. This would imply EURO strength and DAX weakness.

On the other hand, I see EURO going down against Aussie and Loonie.

This week and next will solve this puzzle.

Beware and good luck,

Ali Sharifazadeh, CFTe

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