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10-YR YIELD TECHS: 2.229 Support Key *RES 4:.....>

US
US: 10-YR YIELD TECHS: 2.229 Support Key
*RES 4: 2.366 - High July 13
*RES 3: 2.363 - Daily Bear channel top
*RES 2: 2.337 - Hourly resistance July 14
*RES 1: 2.312 - 100-DMA, Hourly support July 26 now resistance
*PRICE: 2.278 @ 0430GMT
*SUP 1: 2.254 - 55-DMA 
*SUP 2: 2.241 - Hourly support July 24 
*SUP 3: 2.229 - Low July 21, Low July 24 
*SUP 4: 2.177 - High June 21 now support
*COMMENTARY: Bulls failed to capitalise on the bounce from 2.229 with the
sell-off Wednesday leaving the yield looking heavy and focus back on the 2.229
support. Bears continue to look for a close below 2.229 to confirm focus on
tests of 2017 lows. Layers of resistance are again building with bulls needing a
close above 2.312 to gain breathing room and above 2.337 to see pressure back to
2.363-396.

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