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10-YEAR YIELD TECHS: Building Momentum *RES 4:...>

US
US: 10-YEAR YIELD TECHS: Building Momentum
*RES 4: 2.5946      50-dma
*RES 3: 2.5782      Mar 15 low
*RES 2: 2.5676      50% retracement 2.7698-2.3384
*RES 1: 2.5419/23   April 5 high/Mar 21 high
*PRICE: 2.5310      @ 10:05 GMT, Apr 12
*SUP 1: 2.4613      Apr 10 low
*SUP 2: 2.4401/4227 50% fibo 2.3384-2.5419/Apr 1 low
*SUP 3: 2.3384      Mar 28 low
*SUP 4: 2.2887      50% retracement of 1.3180-3.2594
10-Yr yields rallied above 2.50 with the recovery extending to 2.5310. A topside
break of the Apr 5 high at 2.5419 is required to improve the outlook and open
the March 15 low at 2.5782, now acting as resistance. While a break of 2.4613
returns the focus to the downside, opening the Apr 1 low at 2.4227, ahead of the
Mar 29 low at 2.3891.

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