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10-YEAR YIELD TECHS: Eyes Recent Lows *RES 4:....>

US
US: 10-YEAR YIELD TECHS: Eyes Recent Lows
*RES 4: 2.9440 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: 2.7444 @ 16:28 GMT, Jan 23
*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 edging away from the key 2.80 resistance area, 10-Yr yields based ahead
of 2.72 Tuesday to consolidate in the recent range. A topside break of 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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