US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly chart, US 10 YR. T-BOND started trading in up channel.
US 10 YR. T-BOND is currently trading below 20&50 SMA.
RSI is in buying zone, which shows bullishness. Stochastic is suggesting up trend.
Its immediate support is at 113.29 & the resistance is at 115.28
US 10 YR. T-Bond is currently trading in up channel towards the resistance zone. If the price rejects from the resistance zone and doesn’t break it, then we might see a downside.
US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART
In the daily chart, US 10 YR. T-BOND is trading in up channel.
US 10 YR. T-BOND is currently trading below 20&50SMA.
RSI is in buying zone, which shows bullishness & stochastic is suggesting down trend.
US 10 YR. T- BOND immediate support is at 113.79 & resistance is at 114.41
US 10 YR. T-Bond is currently trading in up channel towards the resistance zone. If price rejects from resistance zone and doesn’t break it, then we might see downside.
TRADE SUGGESTION – SELL AT 114.41, TAKE PROFIT AT 113.69, SL AT 114.79
