10Y US Yields are falling impulsively within wave C of an A-B-C decline as expected and there can be space even down to the former wave 4 area at 3.25%. If we consider a positive correlation with USdollar Index – DXY, then more weakness can be seen for the US dollar. Is DXY trying to break bearish triangle?

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On the date of publication, Gregor Horvat did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.