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10-YEAR YIELD TECHS: Improving Outlook *RES 4:...>

US
US: 10-YEAR YIELD TECHS: Improving Outlook
*RES 4: 2.9397        200-dma
*RES 3: 2.9003/2.9167 50% 3.2594-2.5412/Dec 13 2018 high
*RES 3: 2.7968/2.8156 Jan 18 high/38.2% of 3.2594-2.5412
*RES 1: 2.7330        Jan 30 high
*PRICE: 2.7002        @ 10:43 GMT, Feb 4
*SUP 1: 2.6168        Jan 31 low
*SUP 2: 2.5412        Jan 4 YTD low
*SUP 3: 2.5206        Jan 16 2018 low
*SUP 4: 2.4900        61.8% 2.0144-3.2594
Bulls managed to halt the emerging downtrend on Friday, shifting the near-term
outlook neutral. The 21-dma is now back in focus and a break would open the Jan
18 high at 2.7968. Above here opens a run at the 50% retracement level at
2.9003, ahead of the 200-dma at 2.9397. Bears need to overcome the Jan 31 low at
2.6168 to target the Jan 4 ytd low at 2.5412. Below here would open the Jan 16
low at 2.5206.

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