The breakout of US Treasury Bond DECEMBER 2021 through the 161.2188 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, US Treasury Bond DECEMBER 2021 could test 161.8687 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Brent Crude formed a Falling Wedge on the 1 hour chart. Retest of support in sight.
Emerging Falling Wedge detected on Brent Crude – the pattern is an emerging one and has not yet…
Breach of support could mean a start of a bearish trend on Silver Spot
This trade setup on Silver Spot is formed by a period of consolidation; a period in which the…
Gold Spot seems to be on its way to resistance – a possible opportunity?
Gold Spot is approaching a resistance line at 3871.7600. If it hits the resistance line, it may break…