US MBA Mortgage Applications (Apr 12): 4.8% vs 4.5%

According to Technical Strategist Dmytro Bondar at RBS, “Bunds remain long from the 145.50/65 support level, as oscillators started to exit the overbought condition and a good support is expected at the 20-day MA of 145.35 and 145.11 Fibonacci level, being 138.2% projection from the Feb. impulse wave.”