FXstreet.com (Barcelona) - According to Technical Strategist Dmytro Bondar at RBS, “The Spanish 10-year yield has tested its 200-day MA, as was expected after breaking the 5.85% resistance and forming inverse head and shoulders pattern with the targets of 6.03% and 6.26%. However, the yield had a strong reaction from there suggesting a return to the range of 5.60% – 6.00%. The levels are Fibonacci retracement from the November 11 – February 12 extremes and 200-day moving average.”