TheCryptagon

US10Y Time for it to decide the long term trend

TVC:US10Y   US Government Bonds 10 YR Yield
The US10Y is approaching the Higher Lows support of the 2022 bullish trend. Holding it can make the price rebound back to the 1D MA50 (blue line) and the dashed line of its growth zone at least.

A break below it and in particular the 1D MA200 (orange line) can turn the trend bearish long term to the 1W MA100 (red line).

The 1D RSI is on its (oversold) Support level as well.


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