US10Y: Potentially Increasing Yield, Stronger Dollar Ahead?
Updated
Hello Fellow Global Investor/Trader, Here's a Technical outlook of the US Government Bond Yield!
Price Action Analysis
US 10 Years Government Bond Yield ( US10Y ) has rebounded on the bullish trendline. Simultaneously, US10Y is forming the flag pattern which may indicate a continuation of the prevailing bullish trend. As Traders, We can look for other confirmation. In this case, We will wait for the price to exceed the confirmation line. Thus, we can confidently assume there is a possibility of upside movement to the target area.
The roadmap will be invalid after reaching the support/target area.
*Disclaimer: The outlook is only used for Educational Purposes, The Creator doesn't responsible for any of your trade position or other financial decisions*
Price Action Analysis
US 10 Years Government Bond Yield ( US10Y ) has rebounded on the bullish trendline. Simultaneously, US10Y is forming the flag pattern which may indicate a continuation of the prevailing bullish trend. As Traders, We can look for other confirmation. In this case, We will wait for the price to exceed the confirmation line. Thus, we can confidently assume there is a possibility of upside movement to the target area.
The roadmap will be invalid after reaching the support/target area.
*Disclaimer: The outlook is only used for Educational Purposes, The Creator doesn't responsible for any of your trade position or other financial decisions*
Note
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Trade closed: target reached
Done Target 1 Again, See Ya on Target 2Trade closed: target reached
Done Target 2, Let's wait for another great roadmap:P
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