10 year T-Note Technical Outlook for November 12, 2014

The price of 10-year Treasuries has been consolidating around crucial support between 126 and 127 during the last 3 weeks. I guess it will breakout or breakdown of this range shortly, so that we can follow the market direction and position ourselves accordingly.

10-year Notes, daily chart:

US 10 Year T-Note(Daily)20141112114419

Chart courtesy of investing.com. http://investing.com

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