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TYM2 Bears Look To Challenge Immediate Technical Support

US TSYS

The primary downtrend in TYM2 remains intact, with fresh cycle lows of 119-24 registered today. Our technical analyst has also noted that moving average studies continue to point south. Immediate technical support is located at the Dec 12 ’18 low, based on a continuation chart (119-22). A breach there would expose the Dec 3 ’18 low (119-04+).

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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