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YIELD TECHS: 21-DMA Marks Line In The...>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: 21-DMA Marks Line In The Sand
*RES 4: 2.9454 200-dma
*RES 3: 2.9003 50% 3.2594-2.5412
*RES 2: 2.8985 Hourly resistance Dec 14
*RES 1: 2.7277 21-dma
*PRICE: 2.7093 @ 06:29 GMT, Jan 16
*SUP 1: 2.6762 Low Jan 10
*SUP 2: 2.5412 Jan 4 low
*SUP 3: 2.5206 Jan 16 2018 low
*SUP 4: 2.4145 Jan 2 2018 low
The broader bearish trend remains intact for now but resistance at the 21-dma is
squarely in focus for the bulls. A break above here would open a run at the 2.80
area ahead of the Dec 14 highs at 2.8985. The Jan 10 low at 2.6762 remains the
downside target ahead of a potential return to the Jan 4 low at 2.5412.

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