Tuesday, 2 October 2012
Spanish 10year yield october 2 2012
forex trading outlook today- Spanish 10year yield october 2 2012 : According to Technical Strategist Dmytro Bondar, “The latest direction of the Spanish 10year yield has culminated in the range of 5.70% to 6.14% - the main theme for now with a break determining the next big move. A break lower would form a bear wedge pattern suggesting 5.355 and 5.16% as main targets, whereas a break of 6.14% would be a caveat for the wedge pattern and trigger more upside to 6.50%, where 100-day MA and 23.6% retracement from the July-August impulse waves both lie.”
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