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Big movement expected on Travelers Cos Inc. after a breach of the support

Travelers Cos Inc. has broken through a support line of a Channel Up and suggests a possible movement to 159.16 within the next 11 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 6 days.

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A final push expected on 10 year US Treasury Note SEPTEMBER 2021 as it starts approaching a price line of 134.2813.

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We expect a 0 pip movement on 6J within 12 hours following the event release.

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