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Breach of 161.1875 could mean a start of a bearish trend on US Treasury Bond DECEMBER 2021

US Treasury Bond DECEMBER 2021 has broken through a line of 161.1875. If this breakout holds true, we could see the price of US Treasury Bond DECEMBER 2021 heading towards 160.1125 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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After testing 184.27 numerous times, 3m Co. is once again approaching this price point. Can we expect a bullish trend to follow?

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