US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly chart, US 30 YR. T-BOND is trading in down channel. Currently it is moving above 5& 20 SMA.
RSI is in buying zone, which shows bullishness. Stochastic is suggesting up trend.
Its immediate support is at 129.66 & the resistance is at 131.84
US 30 YR. T-Bond currently trading in down channel but as we can see it has started moving up by making good bullish candle, breaking previous week high, a trend reversal is possible to the upside.
US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART
In the daily chart, US 30 YR. T-BOND is trading in up channel. It is currently trading above 20 & 50 SMA.
RSI is in buying zone, which shows bullishness & stochastic is suggesting no trend.
US 30 YR. T- BOND immediate support is at 129.48 & resistance is at 130.60
US 30 YR. T-BOND can continue to trade upside if it sustains to trade upside and holds current swing.