US 10 YR. T-NOTE Price Technical Analysis
21 Jul 2022
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 selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
The nearest support is 116.24 & the resistance is at 119.28.
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 up channel. US 10 YR. T-NOTE is currently trading below all SMA.
RSI is in selling zone which indicates bearishness. MACD is currently above zero which indicates bullishness.
The nearest support is 116.65 & the resistance is at 118.17.
US 10 YR. T-NOTE was trading in 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