The breakout of US Treasury Bond DECEMBER 2020 through the 177.0000 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 177.5094 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
After testing the support line numerous times, US Oil is once again approaching this line. Can we expect a bearish trend to follow?
US Oil is moving towards a support line. Because we have seen it retrace from this line before,…
Will Silver Spot break through the support level it tested before?
Silver Spot is approaching a support line at 35.7904. If it hits the support line, it may break…
A possible move by Natural Gas towards 3.4712
Pennant pattern identified on Natural Gas has broken through a resistance level with the price momentum continuing to…