Hey tradomaniacs,
US-10-Year-Yields are currently re-testing a strong resistance, which is bad for equities but supportive for the US-Dollar.
Technically we see that YIELDS and DXY (US-DOLLAR-INDEX) are both at strong supply-levels while equities are at strong demand-zones👉
These are curcial moments as either rejection or violations of these levels could cause trend-continuations or reversals today.
I`m observing these two charts carefully and wait for confirmations.
If YIELDS drop US-DOLLAR is more likely to fall aswell in order to complete the previous S/H/S-Pattern. The Target-Zone for it is at 91,200.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
US-10-Year-Yields are currently re-testing a strong resistance, which is bad for equities but supportive for the US-Dollar.
Technically we see that YIELDS and DXY (US-DOLLAR-INDEX) are both at strong supply-levels while equities are at strong demand-zones👉
These are curcial moments as either rejection or violations of these levels could cause trend-continuations or reversals today.
I`m observing these two charts carefully and wait for confirmations.
If YIELDS drop US-DOLLAR is more likely to fall aswell in order to complete the previous S/H/S-Pattern. The Target-Zone for it is at 91,200.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me