US 10 YR. T-NOTE Price Technical Analysis: Weekly Chart

In the weekly charts, US 10 YR. T-NOTE was trading in a down channel. 10 YR. T-NOTE is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

The nearest support is 117.25 & the resistance is at 118.70.

US 10 YR. T-NOTE was trading in the down channel before there is breakout downside.

US 10 YR. T-NOTE Price Technical Analysis: Daily Chart

In the daily charts, US 10 YR. T-NOTE was trading in a up channel. 10 YR. T-NOTE is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

The nearest support is 117.25 & the resistance is at 118.50.

US 10 YR. T-NOTE was trading in the up channel before there is breakout downside.

How to Trade US 10 YR. T-NOTE this Week:

US 10 YR. T-NOTE will follow the downtrend until their trend reversal. So, remain bearish on US 10 YR. T-NOTE

TRADE SUGGESTION- SELL AT 117.95, TAKE PROFIT AT 117.25 AND STOP LOSS AT 118.50