US Treasury Bond JUNE 2020 has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 11 days. This breakout indicates a potential move to 179.7216 within the next 2 days. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
A Rising Wedge has formed, Natural Gas is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas was identified at around 3.1395 having recently rebounded of the support on the 30 Minutes data…
An unexpected large move occurred on Brent Crude 1 hour chart. The shift stands out in recent activity.
Brent Crude just posted a 2.7% move over the past 10 hours – a move that won’t go…
If you’re long Brent Crude you should be aware of the rapidly approaching level of 65.9405
The price of Brent Crude in heading back to the support area. It is possible that it will…