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10-YR YIELD TECHS: 2.853 Support Key This Week...>

US
US: 10-YR YIELD TECHS: 2.853 Support Key This Week
*RES 4: 2.965 - Hourly support June 13 now resistance 
*RES 3: 2.950 - High June 21 
*RES 2: 2.935 - Hourly resistance June 21 
*RES 1: 2.897 - High June 25
*PRICE: 2.874 @ 0430GMT
*SUP 1: 2.853 - Low June 19 
*SUP 2: 2.821 - Hourly support May 30 
*SUP 3: 2.790 - Hourly support May 30a 
*SUP 4: 2.759 - Low May 29
*COMMENTARY: Bulls have failed to trouble key layers of resistance and in
particular 3.014 with the yield again looking offered. The 2.853 support remains
key. Bears need a close below this level to reconfirm a bearish bias and
initially target 2.717-759 where Mar & May lows are noted. Bulls now need a
close above 2.950 to gain breathing room and above 3.014 to end bearish hopes
and initially target 2018 highs.

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