The breakout of 10 year US Treasury Note MARCH 2021 through the 136.6406 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of 10 year US Treasury Note MARCH 2021 to test 136.4828 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
Brent Crude formed a Falling Wedge on the 1 hour chart. Retest of support in sight.
Emerging Falling Wedge detected on Brent Crude – the pattern is an emerging one and has not yet…
Breach of support could mean a start of a bearish trend on Silver Spot
This trade setup on Silver Spot is formed by a period of consolidation; a period in which the…
Gold Spot seems to be on its way to resistance – a possible opportunity?
Gold Spot is approaching a resistance line at 3871.7600. If it hits the resistance line, it may break…