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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

(Z0) Bullish Tone Intact

US 10YR FUTURE TECHS
  • RES 4: 140-22+ 1.0% 10-dma Envelope
  • RES 3: 140-11 Aug 4 high and major resistance
  • RES 2: 139-29+ 76.4% retracement of the Aug 4 - 28 decline
  • RES 1: 139-29 High Sep 3
  • PRICE: 139-18+ @ 11:41 BST Sep 4
  • SUP 1: 139-13 Low Sep 3
  • SUP 2: 139-01 Low Sep 1
  • SUP 3: 138-18+ Low Aug 28 and the bear trigger
  • SUP 4: 138-13 0.764 proj of Aug 4 - 14 sell-off from Aug 21 high

Treasuries traded higher yesterday clearing resistance at 139-19+, Aug 21 and 24 high to hit the best levels of September. This has undermined the recent bearish focus and signals scope for gains to 139-29+ next, a Fibonacci retracement level. A stronger rally through 139-29+ would open key resistance at 140-11, the Aug 4 high. Initial support is seen at yesterday's low of 139-13.

MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com
MNI London Bureau | +44 203-586-3805 | taso.anastasiou.ext@marketnews.com