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10-YR YIELD TECHS: Bulls Gain Breathing Room.....>

US
US: 10-YR YIELD TECHS: Bulls Gain Breathing Room
*RES 4: 3.041 - 2014 High Jan 2 
*RES 3: 2.957 - 2018 High Feb 21 
*RES 2: 2.947 - Bollinger band top 
*RES 1: 2.925 - High Feb 27
*PRICE: 2.883 @ 0320GMT
*SUP 1: 2.875 - Hourly resistance Feb 28 now support 
*SUP 2: 2.793 - Low Mar 2 
*SUP 3: 2.786 - Low Feb 9 
*SUP 4: 2.758 - Low Feb 7
*COMMENTARY: The lack of topside follow through on 2018 & 4yr highs was less
than ideal for bulls who were focused on 3.041 2014. Bears have so far failed to
capitalise on last week's sell-off with the yield bouncing from ahead of key
supports. Bears look for a close below 2.758 to end bullish hopes and shift
focus back to 2.609-668 where the 55-DMA is noted. Bulls need a close above
2.957 to reconfirm focus on 3.041.

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