. US 10 YR. T-BOND Price Forecast Technical Analysis - 22 March 2023

US 10 YR. T-BOND Price Forecast Technical Analysis – 22 March 2023

US 10 YR. T-BOND Price Forecast Technical Analysis – 22 March 2023

22 Mar 2023

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