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(U0) Closing In On Key.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Closing In On Key Resistance
*RES 4: 140-00 Psychological round number
*RES 3: 139-25 Contract high, Mar 25
*RES 2: 139-13+/16 High May 15 / High Apr 21 and key resistance
*RES 1: 139-09+ Intraday high
*PRICE: 139-05+ @ 11:31 BST, Jun 29
*SUP 1: 138-16+ Low Jun 23
*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 pierced the top end of the recent range Friday and ended the week
on a firm note. Furthermore, price is edging closer towards the next key bull
trigger. Attention is on 139-13+ and 139-16, the May 15 and Apr 21 highs
respectively ahead of major resistance at 139-25, Mar 25 high. A breach of the
latter would confirm a resumption of the broader uptrend and expose the 140-00
handle. Key support has been defined at 138-07, Jun 16 low.

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