SaxoTV

O'Hare: Targeting all time highs in German bunds

203 views
German bunds are at all time highs and Steve O'Hare from First4Trading thinks there's more upside to come, saying the medium term bias remains bullish.  Price action resulted at a 151.83 high after eight consecutive days of gains.  Steve says price action is positive for short-term sentiment and as the bias is still for higher levels, he says any dips should be limited; if you see them, buy into them, he says.
He's looking to buy the Bund at 151.60, targeting 151.80 and ultimately 152.00. The stop is at a break below 151.40.