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10-YR YIELD TECHS: Rally Targeting 2017 High.....>

US
US: 10-YR YIELD TECHS: Rally Targeting 2017 High
*RES 4: 2.641 - 2016 High Dec 15 
*RES 3: 2.628 - 2017 High Mar 13 
*RES 2: 2.544 - High Mar 17 
*RES 1: 2.536 - Weekly Bear channel top (Off 2014 high)
*PRICE: 2.481 @ 0530GMT
*SUP 1: 2.472 - Hourly support Dec 20 
*SUP 2: 2.443 - Hourly support Dec 19 
*SUP 3: 2.423 - Hourly support Dec 19a 
*SUP 4: 2.401 - Hourly resistance Dec 19 now support
*COMMENTARY: Pressure on the channel base failed to produce a break lower with
the correction higher seeing a close above 2.477 shift bullish focus to
2.628-641 where 2017 & 2016 highs are situated. Daily studies remain well placed
for gains. Layers of support are building and providing bulls confidence. Bears
now look for a close below 2.423 to ease immediate bullish pressure and confirm
a correction back to 2.344-374.

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