US President Donald Trump is shortly due to host leaders from DR Congo, Rwanda, Kenya, Togo, and Burundi at the newly renamed “Donald J. Trump Institute of Peace” in Washington, DC, for the signing of a peace deal between Rwanda and the DRC. LIVESTREAM
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Recent weakness in Treasuries undermines a bullish theme. The move down has resulted in a breach of the 50-day EMA, at 112-26+, highlighting potential for a deeper retracement near-term. A continuation lower would open 112-06, the Sep 25 low and the next key support. The contract needs to trade above 113-18+, the Oct 28 high to signal a possible bullish reversal. Key resistance and the bull trigger is at 114-02, the Oct 17 high.