The breakout of 10 year US Treasury Note JUNE 2022 through the 119.0469 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, 10 year US Treasury Note JUNE 2022 could test 118.0125 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
A Rising Wedge has formed, US Oil is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
US Oil is heading towards the resistance line of a Rising Wedge and could reach this point within…
Big movement possible on US Oil after a breach of 67.2755
US Oil has breached the resistance line at 67.2755. It may continue the bullish trend towards 68.6248, or,…
Gold Spot – approaching a resistance line that has been previously tested at least twice in the past
Gold Spot is moving towards a resistance line. Because we have seen it retrace from this line before,…