US 10 YR. T-NOTE Price & Technical Analysis – 28 Sep 2022

US 10 YR. T-NOTE Price & Technical Analysis – 28 Sep 2022

US 10 YR. T-NOTE

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

In the weekly charts, US 10 YR. T-NOTE is trading in down channel. US 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 110.59 & the resistance is at 115.63.

US 10 YR. T-NOTE will trade in down channel until there is trend reversal.

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

In the daily charts, US 10 YR. T-NOTE was trading in down channel. US 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 110.59 & the resistance is at 113.93.

US 10 YR. T-NOTE was trading in down 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 111.06, TAKE PROFIT AT 110.59 AND STOP LOSS AT 111.50

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