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(U0) All Eyes On Key...........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) All Eyes On Key Resistance
*RES 4: 140-00 Psychological round number
*RES 3: 139-25 Contract high, Mar 25
*RES 2: 139-22+ 0.618 projection of Jun 5 - 11 rally from Jun 16 low
*RES 1: 139-13+/16 High May 15 / High Apr 21 and key resistance
*PRICE: 139-10+ @ 11:50 BST, Jun 30
*SUP 1: 138-25+ Low Jun 25
*SUP 2: 138-07 Low Jun 16 and key near-term support
*SUP 3: 137-22 Low Jun 10
*SUP 4: 136-22 Low Jun 5 and the bear trigger
10yr futures traded higher again yesterday and the contract is holding onto
gains. Price has been edging closer towards the next key resistance of 139-13+,
May 15 high and did test this level yesterday. A break would open 139-16, Apr 21
high and the trigger for a recovery towards major resistance at 139-25, Mar 25
high. Clearance of 139-25 would confirm a resumption of the broader uptrend and
expose 140-00. Key support has been defined at 138-07, Jun 16 low.

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