The breakout of 10 year US Treasury Note DECEMBER 2021 through the 132.9375 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of 10 year US Treasury Note DECEMBER 2021 to test 132.6453 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 132.9375 numerous times, 10 year US Treasury Note DECEMBER 2021 has finally broken through. Can we expect a bearish trend to follow?
