US equity futures gave back much of their gains ahead of the open as the market is reluctant to shake off the recent wave of angst. Most-recently US 2-year yields dipped to the lows of the day at 3.91%. Earlier they bounced off of 4%.
When I look at that short-term chart, I worry there is a head-and-shoulders top targeting 142.50.
This article was written by Adam Button at www.forexlive.com.
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