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 up trend.
Its immediate support is at 114.36 & the resistance is at 115.20
US 10 YR. T-Bond currently trading in down channel, but it has broken previous weak high and currently it is at its important resistance zone, if it manages to break the resistance level further upside can be seen.
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 114.92 & resistance is at 115.20
US 10 YR. T-BOND is at an important resistance zone if it breaks it, further more upside can be seen.
TRADE SUGGESTION – BUY AT 115.20, TAKE PROFIT AT 115.90, SL AT 114.85