US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART

• In the weekly chart, US 10 YR. T-BOND started trading in the up channel.
• US 10 YR. T-BOND is currently trading above 5&20 SMA.
• RSI is in buying zone, which shows bullishness. Stochastic is suggesting a downtrend.
• Its immediate support is at 114.07 & the resistance is at 116.15
• The US 10-Year T-Bond price reversed from the resistance zone but was unable to breach it. We can also see a negative aspect if continues to make the lower low structure.

US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART

• In the daily chart, US 10 YR. T-BOND is trading in an up channel.
• US 10 YR. T-BOND is currently trading above 20&50SMA.
• RSI is in buying zone, which shows bullishness & stochastic is suggesting a downtrend.
• US 10 YR. T- BOND immediate support is at 114.18 & resistance is at 114.86
• The US 10-Year T-Bond price reversed from the resistance zone but was unable to breach it. We can also see a negative aspect if continues to make the lower low structure.

TRADE SUGGESTION – SELL AT 114.12, TAKE PROFIT AT 113.21, SL AT 114.83.