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10-YEAR YIELD TECHS: Briefly Above 2.50 *RES.....>

US
US: 10-YEAR YIELD TECHS: Briefly Above 2.50
*RES 4: 2.5782    Mar 15 low
*RES 3: 2.5676    50% retracement 2.7698-2.3384
*RES 2: 2.5412/23 Jan 4 low/Mar 21 high
*RES 1: 2.5063    Apr 1 high
*PRICE: 2.4706    @ 09:43 GMT, Apr 2
*SUP 1: 2.4227/23 Hourly low Apr 1/50% fibo 2.3384-2.5063
*SUP 2: 2.3384    Mar 28 low
*SUP 3: 2.2887    50% retracement of 1.3180-3.2594
*SUP 4: 2.2712    Oct 13 2017 low
10-Yr yields briefly extended the recovery through 2.50 yesterday, before paring
light gains. A close above here is required to extend the uptrend toward the Jan
4 low/March 21 high at 2.5412/23, a break opens the 50% retracement of the Jan -
Mar fall at 2.5676. On the downside, short-term focus turns to hourly support &
the 50% fibo of 2.3384-2.5063 at 2.4227/23, below here opens the March 28 low at
2.3384, with a break needed to extend the broader yield downtrend.

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