EM local bonds (LEMB) running out of steam?
EM Local bonds seems to be testing the top of the downward channel while Stochastics are in overbought territory making it difficult to think of a breakout to the upside. Expect a move lower that most likely will come from the ccy side.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.