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Resistance line breached by US Treasury Bond SEPTEMBER 2019. This price has been tested at least twice before.

US Treasury Bond SEPTEMBER 2019 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 162.4914 can be expected within the next 6 hours.

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Be very careful of upcoming volatility. We expect a $98.233 movement on USDCAD.

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