US 10yr yield, decline below the 1.53% low ahead?

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Near term US 10 year note yield outlook: In the Mar 16th email and the market near its recent highs at 2.00% (both a 50% retracement from the June 2015 high at 2.50% and the broken neckline of the year long head and shoulders pattern) , said it was an "ideal" to form a more important top and the market has indeed turned lower since. Note that the whole upmove from the Feb 11th spike low at 1.53% is seen as a correction (wave 4 in the decline from Nov 9th high at 2.38%) and with eventual

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