US 10 YR. T-NOTE Bond Weekly Technical Analysis – 28 February 2022

US 10 YR. T-NOTE Bond Weekly Technical Analysis – 28 February 2022

Technical Analysis

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

US 10 YR. T-NOTE Bond

In the weekly charts, US 10 YR. T-NOTE is trading in a down channel.

US 10 YR. T-NOTE is trading below all SMA.

The nearest support is 125.52 & the resistance is at 127.38.

US 10 YR. T-NOTE will follow the downtrend until there is a trend reversal.

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

US 10 YR. T-NOTE Bond

In the daily charts, US 10 YR. T-NOTE is trading in an up channel.

US 10 YR. T-NOTE is trading below 50 and 100 days SMA & above 20 days SMA.

The nearest support is 126.63 & the resistance is at 127.24.

US 10 YR. T-NOTE will follow the uptrend until there is a trend reversal.

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

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

TRADE SUGGESTION- BUY AT 126.88, TAKE PROFIT AT 127.24 AND STOP-LOSS AT 126.63

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