This chart tracks U.S. Treasury yields for 2-year (blue), 10-year (white), and 30-year (orange) bonds, along with the yield spread (green) between the 10-year and 2-year bonds. A positive spread suggests a normal yield curve and economic growth, while a negative spread (inversion) often signals a potential recession.
Taking advantage of the short trend reversal. With NZD losing all of its strength and JPY picking up momentum its my analysis that this reversal could turn into a Short trend. I am anticipating a strong pullback if the trend is broken.
Aud weakest currency at this moment and volume is picking up to short.
EUR picking up momentum and strength over the AUD might break vwap and continue a long trend
JPY is weak and GBP has enough volume to continue a long trend