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After testing 157.0938 numerous times, US Treasury Bond DECEMBER 2021 is once again approaching this price point. Can we expect a bearish trend to follow?

The movement of US Treasury Bond DECEMBER 2021 towards 157.0938 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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Important price line being approached by FRA40. This price has been tested numerous times before.

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