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10-YR YIELD TECHS: 2.289 Confirms Significance...>

US
US: 10-YR YIELD TECHS: 2.289 Confirms Significance
*RES 4: 2.320 - Daily Bear channel top
*RES 3: 2.289 - High Aug 4 & 8 
*RES 2: 2.264 - Hourly support Aug 16 now resistance
*RES 1: 2.250 - Alternating hourly support/resistance
*PRICE: 2.233 @ 0430GMT
*SUP 1: 2.222 - Low Aug 16 
*SUP 2: 2.203 - Hourly support Aug 14 
*SUP 3: 2.177 - High June 21 now support 
*SUP 4: 2.174 - 55-WMA
*COMMENTARY: The 2.289 resistance confirmed significance with the yield rejected
ahead of this level and the sell-off resulting in a bearish close. Initial focus
has now returned to the 2.174-177 supports with a close below needed to confirm
focus on 2.053-121 where 2017 lows and the 200-WMA are situated. Layers of
resistance are accumulating and weighing with bulls now needing a close above
2.264 to shift focus back to 2.289.

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