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Bund and the EUR

  • A clear small pick up in volume in Bund, post the BIG ZEW miss.
  • Bund bounced 10 tick higher, while the EURUSD fell a tiny 6 pips.
  • Overall impact has been uneventful.
  • Initial support in Bund is still eyed at 176.29, and resistance is seen at yesterday's high 176.91
  • EURUSD support 1.1704 Low Mar 31 and a key support

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