US Government 10 YR Bonds, USD PAIRS BULL RUN!!
Hello traders!
As you can see on chart, US10Y have started a bullish trend and broke a resistance area between 1.3 and 1.5, in addition it broke 1.5 as a key level. The next key level might be 2, if it brakes this level, pairs which have USD as a base currency would be continue their trend as a bullish trend. In short term I suggest that don't go long for USD's in the first day of the next week because of the rejection of US10Y on 1.75, but as a long term it will be continue it's bullish trend in my opinion. In conclusion going long on USD pairs might be better decision for next week.
As you can see on chart, US10Y have started a bullish trend and broke a resistance area between 1.3 and 1.5, in addition it broke 1.5 as a key level. The next key level might be 2, if it brakes this level, pairs which have USD as a base currency would be continue their trend as a bullish trend. In short term I suggest that don't go long for USD's in the first day of the next week because of the rejection of US10Y on 1.75, but as a long term it will be continue it's bullish trend in my opinion. In conclusion going long on USD pairs might be better decision for next week.