10 year US Treasury Note SEPTEMBER 2020 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 9 days. This breakout indicates a potential move to 139.6902 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Brent Crude has broken through a level it has tested 4 times in the recent past.
Brent Crude has broken through 64.3930 which it has tested numerous times in the past. We have seen…
A possible move on US Oil as it heads towards resistance
US Oil was identified at around 61.4895 having recently rebounded of the support on the 1 hour data…
Brent Crude is approaching 64.3930. We expect either a breakout through this line, or a rebound.
The movement of Brent Crude towards 64.3930 price line is yet another test of the line it reached…