. US 10 YR. T-BOND Technical Analysis - 30 December 2022

US 10 YR. T-BOND Technical Analysis – 30 December 2022

30 Nov 2022

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

In the weekly chart, 10 YR. T-BOND is trading in the down channel. Currently, it is moving below 20 & 50 SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting up trend.

Its immediate support is at 112.57 & the resistance is at 113.55

US 10 YR. T-Bond currently trading in down channel but as we can see it has started moving up by making good bullish candle, breaking previous week high, a trend reversal is possible to the upside.

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

In the daily charts, US 10 YR. T-BOND is trading in up channel. It is currently trading above 20 & 50 SMA.

RSI is in buying zone, which shows bullishness.

US 10 YR. T- BOND immediate support is at 112.58 & resistance is at 113.34

US 10 YR. T-BOND can continue to trade upside if it sustains to trade upside and holds current swing.

TRADE SUGGESTION – BUY AT 113.05, TAKE PROFIT AT 113.73, SL AT 112.56