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10-YEAR YIELD TECHS: Edges Back Toward Friday....>

US
US: 10-YEAR YIELD TECHS: Edges Back Toward Friday Low
*RES 5: 2.9753 100-dma
*RES 4: 2.9444 200-dma
*RES 3: 2.9003 50% 3.2594-2.5412
*RES 2: 2.8985 Hourly resistance Dec 14
*RES 1: 2.7946/68 50% of 3.0479-2.5412/Jan 18 high
*PRICE: 2.7499 @ 16:24 GMT, Jan 22
*SUP 1: 2.6991/2.6691 38.2%/50% 2.5412-2.7968
*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
Despite yields edging away from the key 2.80 resistance area, the broader
uptrend remains intact. A break above the Dec 26 high at 2.8132, opens the Dec
14 high & 50% retracement level at 2.8985/2.9003. On the downside bears look to
retake the 21-dma to shift the outlook neutral and open the Jan 14 low at
2.6579. Below here would open a potential return to the Jan 4 ytd low at 2.5412.

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