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September 6, 2012 6:07 PM EST

CharmerCharts

Bunds for December has resistance at 141.42 and if we make it through here we can stretch to 141.84/88. On a break above 141.96 we can look for 142.35/42. If this does not hold us back today then a retest of recent highs at 142.58/62 looks likely.

Below 141.40 sees 141.35/28. If this support band fails today look for 141.08/04. Any longs here need stops below 140.96 as we then look for the next target at 140.67. below here we could reach 140.48/40.

(Photo: Reuters / )
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The article was first published by CharmerCharts

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