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10-YEAR YIELD TECHS: Well Within Yesterday's.....>

US
US: 10-YEAR YIELD TECHS: Well Within Yesterday's Range
*RES 4: 3.6132    High April 2011
*RES 3: 3.3956    Apr 5 2011 low, now resistance
*RES 2: 3.3000    Channel top from Dec 2016 high
*RES 1: 3.2594    High Oct 9
*PRICE: 3.1712    @ 08:57 GMT, Oct 19
*SUP 1: 3.1283/61 21-dma/May 18 high, now support
*SUP 2: 3.1519    Channel base/23.6% 2.8063-3.2594
*SUP 3: 3.0139    Aug 1 high, now support
*SUP 4: 2.9794    61.8% 2.8063-3.2594
The recovery of 3.20 was short-lived, with yields comfortably slipping back
below the level Thursday. Friday morning trade has seen the range maintained.
The bigger picture uptrend remains intact through with the Oct 9 high at 3.2594
acting as resistance. A break above would extend the uptrend towards the channel
top at around 3.30. For a meaningful fall in yields, the channel base at 3.1519
would need to be breached, opening a move towards the 3.05 level

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