The breakout of US Treasury Bond DECEMBER 2020 through the 176.1250 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 175.2031 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.
After testing 176.1250 numerous times, US Treasury Bond DECEMBER 2020 has finally broken through. Can we expect a bearish trend to follow?
