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Breach of support could mean a start of a bearish trend on US Treasury Bond DECEMBER 2020

US Treasury Bond DECEMBER 2020 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of US Treasury Bond DECEMBER 2020 to test 176.5197 within the next 16 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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Support line breached by FRA40. This price has been tested at least twice before.

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