Free Trial

TYM2 Through Initial Resistance


TYM2 shows above technical resistance in the form of its 20-day EMA, printing as high as 119-13+ on the back of the previously outlined Asia-Pac (China & North Korea) COVID case headlines. Note that the recovery from Monday’s cycle low is still considered corrective in a technical sense, with bulls having to overturn key resistance in the form of the April 27 high (120-18+) to start turning the tide in their favour.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.