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FRA40 is approaching 6133.5000. We expect either a breakout through this line, or a rebound.

FRA40 is heading towards a line of 6133.5000. If this movement continues, the price of FRA40 could test 6133.5000 within the next 17 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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10 year US Treasury Note JUNE 2022 has broken through resistance of a Falling Wedge. It has touched this line at least twice in the last 2 days.

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