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RTRS:EURO GOVT-Bunds erase gains after meeting technical resistance |
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Oct 30 (Reuters) - German Bund futures erased gains on Tuesday as the contract met technical resistance after rising at the European open.
Bund futures erased gains and were last down 3 ticks on the day at 141.67, after hitting a session-high of 142.00.
"Bunds have got very rich (at 142.00) and we now see some more buying interest," one trader said.
Technical analysts also said the area of 141.90-141.95 - the highs hit in September and October - was an important level.
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