US10Y Is Having A Real Good Bullish Trend
As you can see from the cart, the US10Y is showing a really good bullish trend.
It tends to continue testing to 0.786 level of Fibonacci retracement.
So what does this mean?
The US10Y is a kind of investment, just like obligations created by the fed for 10 Years. Thus, we can conclude that the US10Y reflects the confidence for investors on USD.
Especially, the new SLR changes from FED is believed to make great short term bullish
Happy Trading Guys!
It tends to continue testing to 0.786 level of Fibonacci retracement.
So what does this mean?
The US10Y is a kind of investment, just like obligations created by the fed for 10 Years. Thus, we can conclude that the US10Y reflects the confidence for investors on USD.
Especially, the new SLR changes from FED is believed to make great short term bullish
Happy Trading Guys!
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