The breakout of US Treasury Bond DECEMBER 2020 through the 172.6875 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 DECEMBER 2020 to test 169.7437 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 172.6875 numerous times, US Treasury Bond DECEMBER 2020 has finally broken through. Can we expect a bearish trend to follow?
