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(H0) Bullish Focus *RES 4:.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Bullish Focus
*RES 4: 130-28+ High Oct 11
*RES 3: 130-17+ High Nov 1
*RES 2: 130-04+ High Dec 3 and primary resistance
*RES 1: 129-21 Intraday high
*PRICE: 129-07+ @ 16:10 GMT, Jan 6
*SUP 1: 128-20 Low Jan 3
*SUP 2: 127-29 Low Dec 13 and bear trigger
*SUP 3: 127-18+ 1.618 projection of the Oct 3 to Nov 7 low from Dec 3 high
*SUP 4: 127-00 Round number support
US 10yr maintains a firmer posture following last week's gains. Futures have
breached a key resistance at 129-14, Dec 12 high. The break undermines the
recent bearish focus and instead signals scope for a climb towards 130-04+, Dec
3 high and the primary resistance. A breach of this level would represent a
significant technical break. First support has been identified at 128-20,
Friday's low. A move though this level would again open 127-29, Dec 13 low.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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