10 year US Treasury Note JUNE 2021 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 20 days and suggests a target line to be around 133.0578 within the next 3 days.
Related Posts
A Channel Up has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Brent Crude was identified at around 68.572 having recently rebounded of the support on the 4 hour data…
After trying numerous times in the past, US Oil finally breaks 64.8375!
The breakout of US Oil through the 64.8375 price line is a breach of an important psychological price…
Because Gold Spot formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Gold Spot is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…