The breakout of US Treasury Bond JUNE 2020 through the 171.3125 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 US Treasury Bond JUNE 2020 to test 163.6781 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 171.3125 numerous times, US Treasury Bond JUNE 2020 has finally broken through. Can we expect a bearish trend to follow?
