US Treasury Bond DECEMBER 2019 is moving towards the support line of a Rising Wedge which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If US Treasury Bond DECEMBER 2019 continues in its current trajectory, we can expect it to reach 159.3750 within the next 14 hours.
Related Posts
US Oil – Large moves like this tend to draw attention.
An unexpected large move occurred on US Oil 1 hour chart, starting at 65.5195 and reaching 63.2685. It…
Breach of 64.8690 could mean a start of a bearish trend on US Oil
US Oil has broken through 64.8690 which it has tested numerous times in the past. We have seen…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…