Technical Analysis: U.S. Treasury 10-Year Note

Failed to break major resistance at 2.40%
U.S. Treasury 10-Year Note showing support and resistance levels.

U.S. Treasury 10-Year Note

I last charted the U.S. 10-Year Treasury on March 16, 2012 when it broke the resistance level of 2.10% on the weekly chart. The new support level is now 2.10%. Over the last two weeks it has been unable to break the major resistance level of 2.40%. You have these two key points to set your alerts.

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

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