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10-YEAR YIELD TECHS: Jan Highs Capping *RES 5:...>

US
US: 10-YEAR YIELD TECHS: Jan Highs Capping
*RES 5: 2.9446 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 Jan 9 high
*PRICE: 2.7200 @ 16:10 GMT, Jan 16
*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
Yields managed to pick up momentum on the break of 2.71, squeezing through the
21-dma, but stopping shy of the January highs at 2.7458. A recovery through here
would open a run at the 2.80 level (2.7946 - 50% 3.0479-2.5412). The Jan 14 low
& 50% retracement level remain the downside target for bears at 2.6579/2.6435,
ahead of a potential return to the Jan 4 low at 2.5412.

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