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10-YR YIELD TECHS: Flirting With 55-DMA *RES.....>

US
US: 10-YR YIELD TECHS: Flirting With 55-DMA
*RES 4: 2.936 - High Feb 21 
*RES 3: 2.859 - High Mar 27 
*RES 2: 2.815 - Low Mar 26 
*RES 1: 2.799 - Hourly support Mar 27 now resistance
*PRICE: 2.777 @ 0330GMT
*SUP 1: 2.743 - Low Mar 28 
*SUP 2: 2.648 - Monthly Low Feb 6 
*SUP 3: 2.611 - 100-DMA 
*SUP 4: 2.609 - Low Jan 24
*COMMENTARY: Bulls take a little comfort as the yield struggles to gain traction
below the 55-DMA (2.790) and downside follow through on fresh 2mth lows lacking
Wednesday. Bulls continue to look for a close above 2.815 to gain breathing room
and above 2.859 to shift focus higher. While 2.815 caps bears now focus on
2.585-611 where the 100-DMA is noted with a close below 2.743 needed to add
weight to their case.

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