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US Treasury Bond JUNE 2020 is quickly approaching 185.3750. We expect either a breakout through this line, or a rebound.

US Treasury Bond JUNE 2020 is heading towards a line of 185.3750. If this movement continues, we expect the price of US Treasury Bond JUNE 2020 to test 185.3750 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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We expect CL to trend downwards right now.

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