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Big movement expected on US Treasury Bond DECEMBER 2020 after a breach of 173.2188

US Treasury Bond DECEMBER 2020 has broken through a line of 173.2188 and suggests a possible movement to 173.5250 within the next 5 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.

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We expect a 115,050 pip movement on YM for the next 4 hours.

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NAS100 – breach of a trending support line that has been tested at least twice before.

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