With USD recently becoming a less attractive asset to hold following the recent dump and bubble burst, US10Y bond yields are not demonstrating a very appealing picture as well. Technical aspects are as follow:
1- Daily TF Cup and Handle reversal pattern 2- Uptrend lower trendline Broken 3- It has made a first Lower High and Lower Low and still pushing lower with small frame corrections
King USD is in a bad shape guys with continuous loss of investor interest. Plan your trades accordingly, Best of Luck and Happy Trading :-)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.