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TECHS: Falling Back Into Range *RES.....>

US TSYS/10Y
US TSYS/10Y: TECHS: Falling Back Into Range
*RES 4: 3.0840 - High May 21 
*RES 3: 3.0330 - High Apr 25 
*RES 2: 3.0140 - High Aug 1 
*RES 1: 2.9950 - High Aug 3 
*PRICE: 2.9531 @ 0655 GMT 
*SUP 1: 2.9221 - Low August 6
*SUP 2: 2.9020 - Hourly resistance July 23 now support 
*SUP 3: 2.8968 - Former resistance July 20 
*SUP 4: 2.8950 - Former resistance July 19 
US 10-year yields have edged down from yesterday's highs and remain at the
center of their two-week range. A break above 2.9842 would open the way for a
retest of the 3.0140 August 1 high. A further break above here would target
3.0559 ahead of the 3.1261 May peak. Major support has now formed in the
2.9264/221 zone and a break below here is now needed to switch back to a bearish
scenario.

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