(M9) Testing 21-DMA To.........>

US 10YR FUTURE TECHS: (M9) Testing 21-DMA To Extend Recovery

*RES 4: 124-31 High Mar 27 

*RES 3: 124-05+ High Apr 1 

*RES 2: 123-29+ High Apr 10 

*RES 1: 123-17 21-dma 

*PRICE: 123-17 @ 06:17 GMT, Apr 25

*SUP 1: 122-23 Low Mar 20/Apr 17 

*SUP 2: 122-12 Low Mar 12 

*SUP 3: 121-15+ Low Mar 4 

*SUP 4: 121-10 Low Jan 18 

US tsy futures remain on the front foot following Tuesday's bullish break with

the 21-dma now acting as the next upside target at 123-17. A break above here

would bring the April 10 high at 123-29+ into focus for confirmation of the

break. On the downside the 122-23 level marks initial support from the March 20

and April 17 lows. Below here would open the March 12 low at 122-12 ahead of the

March 4 low at 121-15+.