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10-YEAR YIELD TECHS: Downtrend Intact *RES 4:....>

US
US: 10-YEAR YIELD TECHS: Downtrend Intact
*RES 4: 2.5782    Mar 15 low
*RES 3: 2.5412/23 Jan 4 low/Mar 21 high
*RES 2: 2.5037    50% 2.6321-2.3754
*RES 1: 2.4709    Mar 25 high
*PRICE: 2.4425    @ 10:32 GMT, Mar 26
*SUP 1: 2.3754    Mar 25 low
*SUP 2: 2.2887    50% retracement of 1.3180-3.2594
*SUP 3: 2.2712    Oct 13 2017 low
*SUP 4: 2.2127    Double-bottom support
10-Yr yields breached the psychological 2.40 level yesterday, extending to
multi-month lows of 2.3754. Despite a minor recovery through Europe, the recent
downtrend remains intact with focus on a break of the 50% retracement level &
Oct 13 2017 low at 2.2887/2.2712. Consolidation above 2.50 is needed to
stabilise the outlook, putting the focus back on the Mar 21 high at 2.5423.

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