US 10 YR. T-NOTE Price Technical Analysis: Weekly Chart
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 124.36 & the resistance is at 124.50.
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
In the daily charts, US 10 YR. T-NOTE was trading in up channel.
US 10 YR. T-NOTE is trading below all SMA.
The nearest support is 124.31 & the resistance is at 124.85.
US 10 YR. T-NOTE was trading in the up channel before the 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 124.42, TAKE PROFIT AT 124.31 AND STOP LOSS AT 124.85
