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YIELD TECHS: Downtrend Resuming *RES....>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Downtrend Resuming
*RES 4: 3.0840 - High May 21 
*RES 3: 3.0330 - High Apr 25 
*RES 2: 3.0140 - High Aug 1 
*RES 1: 2.9950 - High Aug 3 
*PRICE: 2.9094 @ 06:30 GMT 
*SUP 1: 2.9065 - 55-DMA
*SUP 2: 2.9020 - Hourly resistance July 23 now support 
*SUP 3: 2.8968 - Former resistance July 20 
*SUP 4: 2.8950 - Former resistance July 19 
US 10-year yields are under pressure with the pivotal support are at
2.9264/2.9221 giving way, shifting the focus to downside, with the 55-DMA at
2.9065 the next level of support. Up trendline support also intervenes at the
2.8478. A break above 2.9842 is now needed to stabilise the technical picture
allowing a retest of the 3.0140 August 1 high.

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