CGB Rockets To 136.11
Jason Sen | May 29, 2014 03:47AM ET
Ten-Year Government of Canada Bond September rocketed to 136.11. Above here today we meet quite strong resistance at 136.16/20 and we should struggle here. A high for the day is possible but on a break higher look for a move towards 136.49/57. Any further gains this week can target 136.76, 136.85 and even 136.95.
Immediate support is 135.96/90 but below 135.84 risks a slide to 135.69/65. Any longs need stops below 135.55 but be aware that a break lower could target 135.10/05 for a buying opportunity
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