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(U17) Gearing Up For Test Of...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) Gearing Up For Test Of 76.4% Fibo Retrace Level
*RES 4: 127-080/085 Jun 14 high, 1% volatility band
*RES 3: 126-290 Jun 26 high
*RES 2: 126-215 76.4% Fibo of 127-080/124-255
*RES 1: 126-150 Aug 3 high
*PRICE: 126-110 @1020GMT
*SUP 1: 126-020/025 Hourly support
*SUP 2: 125-310 Aug 2 low
*SUP 3: 125-215 Aug 1 low
*SUP 4: 125-155 Jul 25 low
*COMMENTARY* Still chipping away at resistance, most latterly above the key
126-115/126-120 region. A high of 126-150 so far, before again some near term
overbought conditions have come into play. In this respect, look to
126-025/125-310 to form support now and protection against any deeper corrective
potential. Directly above 126-150 and the next main attraction remains the 76.4%
Fibo retrace level at 126-215.

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