Trial now
JGB TECHS

(U1) Tilted Higher

AUSSIE 10-YEAR TECHS

(U1) Uptrend Weakening

US TSYS SUMMARY

Bullard Kickstarts Reflation Unwind Theme

AUDUSD TECHS

Fresh 2021 Lows

(H1)‌‌ ‌Consolidating

US 10YR FUTURE TECHS
  • RES 4: 139-19+ High Nov 6
  • RES 3: 138-12 High Nov 9
  • RES 2: 138-08 High Nov 20 / 30 and bull trigger
  • RES 1: 138-07 High Dec 11
  • PRICE: 137-24+ @ 11:31 GMT Dec 18
  • SUP 1: 137-19+ Low Dec 16
  • SUP 2: 137-15 Low Dec 9
  • SUP 3: 137-07+ Low Dec 4 and the bear trigger
  • SUP 4: 137-05 76.4% retracement of the Nov 11 - 30 rally

Treasuries are slightly weaker today but remain within this week's range. The recent break of 137-31+, Dec 8 high suggests an improved outlook for bulls. Attention is on resistance at 138-08, Nov 20 / 30 high and a bull trigger. Clearance of this hurdle would represent an important technical break and highlight a reversal, signalling scope for a rally towards 138-12, Nov 9 high and beyond. Sub 137-15 levels would reinstate a bearish threat.

MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com