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10-YEAR YIELD TECHS: Stuck in The Range *RES.....>

US
US: 10-YEAR YIELD TECHS: Stuck in The Range
*RES 4: 2.6025 61.8% retracement of 2.7658-2.3384
*RES 3: 2.5928 50-dma
*RES 2: 2.5782 Mar 15 low
*RES 1: 2.5723 Apr 15 high
*PRICE: 2.5561 @ 09:46 GMT, Apr 16
*SUP 1: 2.4880 Apr 12 low
*SUP 2: 2.4554 50% fibo 2.3384-2.5723
*SUP 3: 2.4227 Apr 1 low
*SUP 4: 2.3384 Mar 28 low
10-Yr yields sit just below key resistance marking the down trendline from the
Nov high as well as the March 15 low. A break above 2.5782 would likely trigger
fresh upward momentum towards the 55-dma at 2.5979, ahead of the 61.8%
retracement level at 2.6025. Should Friday's low give way at 2.4880, expect the
downtrend to extend toward the 50% retracement of the Mar - Apr rise at 2.4554,
ahead of the Apr 1 low at 2.4227.

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