US 30 YR. T-BOND PRICE TECHNICAL ANALYSIS: WEEKLY CHART
In the weekly chart, US 30 YR. T-BOND is trading in the down channel. Currently, it is moving above 5& 20 SMA.
RSI is in buying zone, which shows bullishness. Stochastic is suggesting an up trend.
Its immediate support is at 129.34 & the resistance is at 132.42
US 30 YR. T-Bond currently trading in the down channel but as we can see it has started moving up by making a good bullish candle, breaking the previous week’s 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 suggesting no trend.
US 30 YR. T- BOND immediate support is at 130.22 & resistance is at 131.05
US 30 YR. T-BOND has started moving upside and it can continue to trade upside.
