Ten-year treasury bond is looking for a bigger recovery [Video]
![Ten-year treasury bond is looking for a bigger recovery [Video]](https://editorial.fxstreet.com/images/Markets/Bonds/Euribor/trading-stocks-and-money-57180388_XtraLarge.jpg)
Treasury bond - 10Y US Notes came down a lot in the last two years but this cycle can now come to an end as we can see five waves down into 2023 lows on a weekly time frame. In fact, we also see five subwaves completed within wave (5) on a daily chart after prices recovered and a break above the trendline resistance. The move is strong, thus we think that more upside can be coming within a three-wave (A)-(B)-(C) rally, where the first leg (A) can be still in progress or maybe already completed as an impulse. Support on subwave 4 or wave (B) dips are at 110-111.
If you are interested in more analysis like this, you may want to check below our latest recording of a liver webinar streamed on January 29:
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Author

Gregor Horvat
Wavetraders
Experience Grega is based in Slovenia and has been in the Forex market since 2003.


















