Bund never made the break on heavy volume needed, in order to drop sharply... The strong rebound seems to have switched attention away from any drop, as markets seek a FTQ... - If stock markets can hold in, then start rebounding, then this are will still remain in focus.... For now though the analysis on the bund below is invalidated,,, though any topping around 138/139 could still create a triple-top/Head & shoulder type formation.
The short-lived AUDUSD rebound did turn out to be just that, and failure to break over 100 sent this on its continuation lower. - My original analysis was for a move towards 90 HIgh 80s area, and there seems little to stand in the way of this right now....
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