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10-YEAR YIELD TECHS: 2.80 Remains The Target.....>

US
US: 10-YEAR YIELD TECHS: 2.80 Remains The Target
*RES 4: 3.1024 50-dma
*RES 3: 3.0416 50% 3.2594-2.8237
*RES 2: 3.0178 100-dma
*RES 1: 2.9559 200-dma
*PRICE: 2.8306 @ 16:05 GMT, Dec 10
*SUP 1: 2.8237 Dec 6 low
*SUP 2: 2.8063 Aug 22 low, top bottom target
*SUP 3: 2.7838 38.2% 2.0144-3.2594
*SUP 4: 2.7594 Low May 30
After breaking below uptrend support from the April low last week, yields have
extended their decline towards the Aug 22 low at 2.8063. This level coincides
with the measured move from the double top formation. Bulls initially need to
recover the 200-dma at 2.9559 before targeting a break back above 3.00. The
100-dma is placed behind at 3.0178, ahead of the 50% retracement & 50-dma at
3.0416/3.1024.

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