. US 30 YR. T-Bond trades in up channel, bullish RSI - 13 March 2023

US 30 YR. T-Bond trades in up channel, bullish RSI – 13 March 2023

US 30 YR. T-Bond trades in up channel, bullish RSI – 13 March 2023

13 Mar 2023

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

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

US 30 YR. T-BOND is currently trading above 5&20 SMA.

RSI is in buying zone, which shows bullishness. Stochastic is suggesting a downtrend.

Its immediate support is at 129.41 & the resistance is at 132.50.

US 30 YR. T-Bond is currently trading in up channel, it has broken its previous week’s high and now it is at an important resistance level, if it breaks it and holds above the level, we can see further upside.

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

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

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

RSI is in buying zone, which shows bullishness & stochastic is suggesting an up trend.

US 30 YR. T- BOND immediate support is at 130.16 & resistance is at 132.20

US 30 YR. T-Bond is currently trading in an up channel, it has broken its previous day’s high and now it is at an important resistance level, if it breaks it and holds above the level, we can see further upside.

TRADE SUGGESTION – BUY AT 132.07, TAKE PROFIT AT 132.98, SL AT 131.30