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Free AccessYIELD TECHS: 21-DMA Marks Line In The...>
US TSYS/10Y: YIELD TECHS: 21-DMA Marks Line In The Sand
*RES 4: 2.9454 200-dma
*RES 3: 2.9003 50% 3.2594-2.5412
*RES 2: 2.8985 Hourly resistance Dec 14
*RES 1: 2.7277 21-dma
*PRICE: 2.7093 @ 06:29 GMT, Jan 16
*SUP 1: 2.6762 Low Jan 10
*SUP 2: 2.5412 Jan 4 low
*SUP 3: 2.5206 Jan 16 2018 low
*SUP 4: 2.4145 Jan 2 2018 low
The broader bearish trend remains intact for now but resistance at the 21-dma is
squarely in focus for the bulls. A break above here would open a run at the 2.80
area ahead of the Dec 14 highs at 2.8985. The Jan 10 low at 2.6762 remains the
downside target ahead of a potential return to the Jan 4 low at 2.5412.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.