. US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS - 06 February 2023

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS – 06 February 2023

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS – 06 February 2023

06 Feb 2023

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART

In the weekly chart, US 30 YR. T-BOND is trading in down channel.

US 30 YR. T-BOND is currently trading below 5&50 SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting no trend.

Its immediate support is at 128.78 & the resistance is at 130.14

US 30 YR. T-Bond is currently trading in down channel, it has rejected from its resistance zone further downside can be seen.

US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: DAILY CHART

In the daily chart, US 30 YR. T-BOND is trading in up channel.

US 30 YR. T-BOND is currently trading below all SMA.

RSI is in buying zone, which shows bullishness & stochastic is suggesting a down trend.

US 30 YR. T- BOND immediate support is at 128.74 & resistance is at 129.74

US 30 YR. T-BOND failed to break its resistance zone and reversed to down side further more fall can be seen.

TRADE SUGGESTION – SELL AT 128.88, TAKE PROFIT AT 128.13, SL AT 129.40