We got the at the lows as widely anticipated and with the technicals are starting to point higher I look for any signs of a base forming. While my bias is for lower global yields it is important to track the other side and we can simply measure this together and pull triggers with the click of a button should we see a breakout of the downward sloping red trend-line to target the respective retracements.
The market will need to get back above 2.10 to do any significant damage to the downtrend (unlikely as per today). While to the downside 1.321 is open and ready for a sweep as long as we stay in the same flow.
Expecting to remain elevated here.... large (very large) money at work in this environment
Thanks all for the likes, comments and good lucks ... there is no longer anywhere to hide.