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10-YR YIELD TECHS: O/S Studies Correcting *RES...>

US
US: 10-YR YIELD TECHS: O/S Studies Correcting
*RES 4: 2.957 - 2018 High Feb 21 
*RES 3: 2.936 - High Feb 21 
*RES 2: 2.889 - High Mar 22 
*RES 1: 2.859 - High Mar 27
*PRICE: 2.834 @ 2130GMT
*SUP 1: 2.807 - 55-DMA 
*SUP 2: 2.790 - High Apr 3 now support 
*SUP 3: 2.772 - Hourly resistance Apr 4 now support 
*SUP 4: 2.748 - Low Apr 4
*COMMENTARY: The recovery from the week's low sees a close above 21 (2.830) & 55
DMAs with bulls now needing a close above 2.859 to reconfirm focus on 2018
highs. Correcting O/S studies are well placed for a fresh leg higher as they
correct from O/S. Bears now need a close below 2.790 to ease pressure on
resistance layers and reconfirm initial focus on retests of 2.717 and overall
focus on 2.585-648 with the 100-DMA at 2.629.

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