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TECHS: Pivotal Support Back In Focus....>

US TSYS/10Y
US TSYS/10Y: TECHS: Pivotal Support Back In Focus
*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: 2.9331 @ 18:23 GMT
*SUP 1: 2.9221 - Pivotal support
*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 come back under pressure with the pivotal support at the
2.9264/2.9221 level back in focus. A break below here turns the outlook bearish
for yields once again, putting an intermediate top in place on intraday and day
charts. Up trendline support currently intervenes at the 2.8478. A break above
2.9842 is now needed to stabilise the technical picture allowing a retest of the
3.0140 August 1 high

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