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Full reversal

BUNDS
  • Bund is through143.00, and below the latter opens to yesterday's low at 142.25.
  • That would be an incredible 333 ticks turnaround in just 24hours.
  • BTP futures is also catching up.
  • Support here is seen at 116.00.Below the latter, sees yesterday's low at 114.89.
  • Further out, sees the gap to 114.04 (BTP open saw a 196 ticks upside gap yesterday).

Chart source: MNI/Bloomberg

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