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After testing 120.4375 numerous times, 10 year US Treasury Note JUNE 2022 has finally broken through. Can we expect a bearish trend to follow?

The breakout of 10 year US Treasury Note JUNE 2022 through the 120.4375 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, 10 year US Treasury Note JUNE 2022 could test 120.1703 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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Important price line being approached by International Business Machines Corp.. This price has been tested numerous times before.

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