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FRA40 – approaching a price line that has been previously tested numerous times in the past

FRA40 is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 5 hours.

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10 year US Treasury Note DECEMBER 2023 experienced a very large 28 days bearish move to 107.71875

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USD/CAD – approche une ligne de prix qui a été souvent testée auparavant

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