US 10 Yr Treasury: Weekly Chart Update

Quick Analysis on 10 Year Treasury Yield on a 1W Linear Chart.

1) The US 10 Year Treasury Yield has been respecting a falling channel for multiple decades going back to the 1980s.
2) It is currently headed to the top trendline of the channel with a possibility to break in the coming months.
3) The measured move of the falling channel would bring it back to Pre-2008 ranges.
4) This may fall in line with the US Dollar strengthening (in the idea section below).
5) If US 10 Year Treasury Yield goes lower, there is not much more room for it to get to 0.

What are your opinions on this?

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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk

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Getting closer to the top resistance line.

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Coming closer to the top resistance line. Moment of truth is coming up soon.

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At the resistance line. The fun begins!

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Wow chart is still on point from early December 2021