US 10 YEAR BOND TREND now
TREND - NUETRAL .because now at down and up TL juction.
PRESENT ZONE- At DEMAND ZONE 1.
FORECAST -As per ZONE once downward TL crosses and closes above At DEMAND ZONE 1 will target SUPPLY ZONE 1 at 4.643.
If not will target DEMAND ZONE 2
MY TAKE - will target 4.643 the SUPPLY ZONE 1.
But any news flow may change this scenoria.
IMPORTANCE OF US 10 YEAR BOND is once it moves up Dollar will go up.Rupee goes down along with equity markets.so always keep track on this always.
PRESENT ZONE- At DEMAND ZONE 1.
FORECAST -As per ZONE once downward TL crosses and closes above At DEMAND ZONE 1 will target SUPPLY ZONE 1 at 4.643.
If not will target DEMAND ZONE 2
MY TAKE - will target 4.643 the SUPPLY ZONE 1.
But any news flow may change this scenoria.
IMPORTANCE OF US 10 YEAR BOND is once it moves up Dollar will go up.Rupee goes down along with equity markets.so always keep track on this always.
once goes above DEMAND ZONE 1 will target 4.643 the SUPPLY ZONE 1.
accordingly equity markets will go down.