US 10 YR. T-NOTE: WEEKLY SCENARIOS

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.

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

The nearest support is 122.34 & the resistance is at 125.51.

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 daily charts, US 10 YR. T-NOTE is trading in down channel.

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

The nearest support is 122.36 & the resistance is at 122.90.

US 10 YR. T-NOTE is trading in the down channel until their trend reversal.

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 122.69, TAKE PROFIT AT 122.36 AND STOP LOSS AT 122.90

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