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10-YR YIELD TECHS: Above 2.477 Targets 2017......>

US: 10-YR YIELD TECHS: Above 2.477 Targets 2017 High
*RES 4: 2.628 - 2017 High Mar 13 
*RES 3: 2.544 - High Mar 17 
*RES 2: 2.536 - Weekly Bear channel top (Off 2014 high) 
*RES 1: 2.477 - Monthly High Oct 27
*PRICE: 2.450 @ 0530GMT
*SUP 1: 2.443 - Hourly support Dec 19 
*SUP 2: 2.423 - Hourly support Dec 19a 
*SUP 3: 2.401 - Hourly resistance Dec 19 now support 
*SUP 4: 2.380 - High Dec 15 now support
*COMMENTARY: Pressure on the channel base failed to produce a break lower with
the correction higher seeing immediate pressure back on 2.477 Oct highs. Bulls
need a close above this level to confirm overall focus on tests of 2017 highs.
Daily studies are well placed for further topside. Layers of support building
add support to the bullish case. Bears now look for a close below 2.423 to ease
immediate bullish pressure.

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