US Treasury Bond JUNE 2020 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 3 days. This breakout shows a potential move to 181.0781 within the next 12 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
A Descending Triangle has formed, US Oil is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
US Oil is heading towards the support line of a Descending Triangle. If this movement continues, the price…
US Oil – approaching a price line that has been previously tested numerous times in the past
A strong support level has been identified at 61.5800 on the 15 Minutes US Oil chart. US Oil…
There is a possibility of a big movement on Gold Spot after a breach of the support
This trade setup on Gold Spot is formed by a period of consolidation; a period in which the…