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10-YEAR YIELD TECHS: Bulls Focus on 21-dma.......>

US
US: 10-YEAR YIELD TECHS: Bulls Focus on 21-dma
*RES 5: 2.9458 200-dma
*RES 4: 2.9003 50% 3.2594-2.5412
*RES 3: 2.8985 Hourly resistance Dec 14
*RES 2: 2.7946 50% of 3.0479-2.5412
*RES 1: 2.7458/7620 Jan 9 high/21-dma
*PRICE: 2.7010 @ 10:40 GMT, Jan 10
*SUP 1: 2.6435 50% 2.5412-2.7458
*SUP 2: 2.5412 Jan 4 low
*SUP 3: 2.5206 Jan 16 2018 low
*SUP 4: 2.4900 61.8% 2.0144-3.2594
US 10-year yields have edged lower after failing to take out the 21-dma
yesterday, which keeps the bigger picture bearish trend intact. A break of the
Jan 4 low a 2.5412 is need to reignite downside momentum, before challenging the
Jan 16 low & 61.8% retracement level at 2.5206/2.4900. Bulls need to clear the
Jan 9 high & 21-dma at 2.7458/7620 to open a run at the key 2.80 area.

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