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US Treasury Bond DECEMBER 2020 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 2 days.

US Treasury Bond DECEMBER 2020 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 2 days. This breakout shows a potential move to 174.6719 within the next 10 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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We expect a 5 pip movement on AC for the next 4 hours.

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