Similar to US10Y where we have seen 4 consecutive up close candles, with T-Bonds, we have witnessed 4 days worth of bearish price delivery with he volume imbalance on a higher timeframe (1W) consequent encroachment being met as support for the time being.
Not shying away from a manipulative run, targeting 122.25 but would not be phased if we do not even make it to 122.08.
Bias is bearish until 120.25 - 120.08 is booked.
Back to the revaluation stages once I see a daily candle close above Monday's high.