US 10 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly chart, US 10 YR. T-BOND is trading in down channel.
US 10 YR. T-BOND is currently trading above 5&20 SMA.
RSI is in buying zone, which shows bullishness. Stochastic is suggesting no trend.
Its immediate support is at 114.18 & the resistance is at 115.37
US 10 YR. T-Bond currently trading in down channel, but it is at important zone if US 10 YR. T-Bond sustains on it we can see further upside.
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 above all SMA.
RSI is in buying zone, which shows bullishness & stochastic is suggesting up trend.
US 10 YR. T- BOND immediate support is at 114.54 & resistance is at 114.92
US 10 YR. T-BOND has brake previous day high and broke the important resistance level, now further we can see it to trading upside.
TRADE SUGGESTION – BUY AT 114.90, TAKE PROFIT AT 115.25, SL AT 114.60