Japan's government ten-year bonds fell last Month 25th of Feb 2020 below -0.089, and it's been trying for the five previous sessions to hold off sellers of pushing prices below a critical support level at around -0.166 and so far it's holding well.
Prices fell in its last trading session to the support level but bouched off and closed at -0.147.
This support level is crucial as you can see on the price chart that it has formed a price channel to the upside, and it could head back to retest -0.089 if it holds at the current price level. if it fails, then the next support is approximately at -0.221
Prices fell in its last trading session to the support level but bouched off and closed at -0.147.
This support level is crucial as you can see on the price chart that it has formed a price channel to the upside, and it could head back to retest -0.089 if it holds at the current price level. if it fails, then the next support is approximately at -0.221