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After testing 164.4375 numerous times, US Treasury Bond SEPTEMBER 2021 has finally broken through. Can we expect a bearish trend to follow?

The breakout of US Treasury Bond SEPTEMBER 2021 through the 164.4375 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 SEPTEMBER 2021 to test 162.9250 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.

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