US 10 Yr. T-NOTE Trade Ideas & Technical Analysis
27 Apr 2022
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 118.24 & the resistance is at 125.50.
US 10 YR. T-NOTE was trading in the down channel before the breakout downside.
US 10 YR. T-NOTE Price Technical Analysis: Daily Chart
In the weekly charts, US 10 YR. T-NOTE was trading in a down channel. 10 YR. T-NOTE is currently trading below 50 and 100 days SMA & above 20 days SMA.
RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.
The nearest support is 119.31 & the resistance is at 121.13.
US 10 YR. T-NOTE was trading in the down channel before the breakout upside.
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