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We expect a $121.149 movement on TN within the next 48 hours.

We expect a $121.149 movement on TN within the next 48 hours. We expect TN to trend downwards 48 hours following the Continuing Jobless Claims events in United States release because the released value is > 12925K. A price movement of 76 pips is expected.

Historical events that allowed us to draw this conclusion

27 Aug 12:30
30 Jul 12:30
02 Jul 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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10 year US Treasury Note DECEMBER 2020 has broken through support of a Triangle. It has touched this line at least twice in the last 3 days.

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