10 year US Treasury Note SEPTEMBER 2019 is heading towards the resistance line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Related Posts
Big movement possible on US Oil after a breach of 62.0410
US Oil is once again retesting a key horizontal resistance level at 62.0410. It has tested this level…
US Oil is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 3 days.
US Oil is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
After testing 65.0960 numerous times, Brent Crude is once again approaching this price point. Can we expect a bullish trend to follow?
Brent Crude is about to retest a key horizontal resistance level near 65.0960. It has tested this level…