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10-YEAR YIELD TECHS: Symmetrical Triangle in.....>

US
US: 10-YEAR YIELD TECHS: Symmetrical Triangle in Play
*RES 4: 2.9269        200-dma
*RES 3: 2.9003/2.9167 50% 3.2594-2.5412/Dec 13 2018 high
*RES 3: 2.7968/2.8156 Jan 18 high/38.2% of 3.2594-2.5412
*RES 1: 2.7378        Feb 5 high
*PRICE: 2.6572        @ 10:35 GMT, Feb 19
*SUP 1: 2.6388/6168   61.8% 2.5412-2.7968/Jan 31 low
*SUP 2: 2.5412        Jan 4 YTD low
*SUP 3: 2.5206        Jan 16 2018 low
*SUP 4: 2.4900        61.8% 2.0144-3.2594
US 10-Yr Yields continue in narrow range trade and have formed a symmetrical
triangle, suggesting a breakout is imminent. A topside break of 2.6990 brings
the 50-dma & Feb 5 high at 2.7368/78 back into view, above here opens the Jan 18
high at 2.7968. A break of the triangle base at 2.6394, opens the potential of a
return to the Jan 4 ytd low at 2.5412.

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