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(U0) Bullish Focus Remains.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Bullish Focus Remains Intact
*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: 139-14/16 High Jun 30 / High Apr 21 and key resistance
*PRICE: 139-06 @ 17:34 BST Jul 02
*SUP 1: 138-23+ Low Jul 2
*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
Despite the pullback last week, 10yr futures remain bullish. Price has recently
been edging closer towards key resistance of 139-16, Apr 21 high. This level
marks the trigger for a recovery towards major resistance at 139-25, Mar 25
high. A break of 139-25 would represent an important technical break and confirm
a resumption of the broader uptrend, exposing initially the 140-00 handle. Key
support is at 138-07.

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