Monthly Chart of US 10 Year Bonds:
As seen from the chart the bond is facing resistance around the downward sloping trend-line since 1988.
At present, the bond is trading near to trend-line supply zone around the levels of 1.90 to 2.00
Around 1.80 levels lies the 50% Fibonacci levels of entire downward movement from 3.25 to 0.36.
For educational purpose
Jagrut
At present, the bond is trading near to trend-line supply zone around the levels of 1.90 to 2.00
Around 1.80 levels lies the 50% Fibonacci levels of entire downward movement from 3.25 to 0.36.
For educational purpose
Jagrut
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