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Big movement expected on 10 year US Treasury Note MARCH 2020 after a breach of the support

10 year US Treasury Note MARCH 2020 has broken through a support line of a Channel Up and suggests a possible movement to 129.6388 within the next 7 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.

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We expect a $108,773.4 movement on PA within 48 hours following the event release at 23 Jan 15:00.

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We expect HG to trend downwards for the next 2 hours.

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