We could be starting to see a head and shoulders pattern emerging and that will certainly be of much interest to the technical traders out there.
For now, the tariff threats have subsided somewhat with the can being kicked down the road. However, the tariffs debate will continue to rage on in the next few weeks - that especially with the EU and China also in the crosshairs.
And at some point, I reckon that debate among bond traders will have to be settled by the technical neckline of 4.50% as seen above.
This article was written by Justin Low at www.forexlive.com. Read More Details
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