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10-YEAR YIELD TECHS: Pullback Off The High.......>

US: 10-YEAR YIELD TECHS: Pullback Off The High
*RES 4: 2.6095      50-dma
*RES 3: 2.5782      Mar 15 low
*RES 2: 2.5676      50% retracement 2.7698-2.3384
*RES 1: 2.5419/23   April 5 high/Mar 21 high
*PRICE: 2.4971      @ 09:50 GMT, Apr 8
*SUP 1: 2.4670/50   Series of prev lows Apr 2-3
*SUP 2: 2.4401/4227 50% fibo 2.3384-2.5419/Apr 1 low
*SUP 3: 2.3384      Mar 28 low
*SUP 4: 2.2887      50% retracement of 1.3180-3.2594
10-Yr yields posted a bearish reversal candle on Friday shifting the near term
focus to the downside and putting the recovery at risk. A break back below the
Apr 3 low at 2.4670 returns the focus to the 50% retracement of the recent
recovery at 2.4401, ahead of the March 28 low at 2.3384. On the upside a break
above Friday's high at 2.5419 is needed to open the March 15 low at 2.5782,
which is now acting as resistance.

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