The breakout of US Treasury Bond DECEMBER 2020 through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of US Treasury Bond DECEMBER 2020 to test 172.4674 within the next 6 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
A possible move on Silver Spot as it heads towards resistance
Silver Spot is approaching the resistance line of a Channel Up. It has touched this line numerous times…
Silver Spot formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
A Rising Wedge pattern was identified on Silver Spot at 36.2943, creating an expectation that it may move…
Brent Crude has broken through a level it has tested 3 times in the recent past.
A strong resistance level has been breached at 66.3745 on the 4 hour Brent Crude chart. Technical Analysis…