If crude oil breaks down then USD can stop at resistance
Hey guys,
Crude oil came down recently, which can help inflation to come down as well if energy market will continue to decline. In fact I see nice bearish pattern, so my assumption is that US yeilds and USD can be trading at resistance.
In this video I will also look at the chart of the 10 year US yeilds where I see greater chance for a drop to 3% rather than rally back to 5%.
Hope you will enjoy the content.
Grega
Crude oil came down recently, which can help inflation to come down as well if energy market will continue to decline. In fact I see nice bearish pattern, so my assumption is that US yeilds and USD can be trading at resistance.
In this video I will also look at the chart of the 10 year US yeilds where I see greater chance for a drop to 3% rather than rally back to 5%.
Hope you will enjoy the content.
Grega
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