US 10Y yield approaching decent support

TVC:US10Y   US Government Bonds 10 YR Yield
The US 10Y yield is approaching decent support around 4.36/35 (August high, support line and Fibo) and the daily RSI is low (it does not normally maintain a move below 30) and this suggests that the market should hold this vicinity and attempt to recover.

It is helpful to use the daily RSI in conjunction with a target zone to add weight to an idea that the market is more or less likely to hold in this zone.


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