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Bund retrace to session low

CROSS ASSET
  • Bund retrace lower, and although still only in a 36 ticks range, volumes is above average for this time of the day.
  • Initial target is still at 133.72 (gap), and a break through the latter will open to 133.20.
  • There no spillovers yet in Treasuries, but worth keeping an eye for FX and the Dollar.

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