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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

(M1)‌‌ Edges Higher

US 10YR FUTURE TECHS
  • RES 4: 134-06+ High Feb 25
  • RES 3: 133-23 High Mar 2
  • RES 2: 133-16+ High May 7 and key short-term resistance
  • RES 1: 132-30+ High May 10
  • PRICE: 132-23 @ 11:42 BST May 25
  • SUP 1: 131-27 Low May 13
  • SUP 2: 131-18+/12 Low Apr 29 and key support / Low Apr 13
  • SUP 3: 131-03+ Low Apr 6
  • SUP 4: 130-25+ Low Apr 5 and the bear trigger

US 10y futures continue to consolidate together with a slight bullish bias. The contract has recently found support at 131-27, May 13 low. Attention is on this support, it marks a key S/T level that if breached would expose 131-18+, Apr 29 low. The broader trend is bearish and a breach of 131-18+ would signal a resumption of the trend, paving the way for a test of 130-25+, Apr 5 low. On the upside, key resistance remains 133-16+, May 7 high.

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