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YIELD TECHS: Upside Momentum Fades......>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Upside Momentum Fades
*RES 4: 2.7658 High Mar 1 
*RES 3: 2.6717 High Mar 12 
*RES 2: 2.6410 50% 2.7968-2.4852 
*RES 1: 2.6121 High Apr 17 
*PRICE: 2.5667 @ 06:07 GMT, Apr 18 
*SUP 1: 2.5453 Low Apr 16 
*SUP 2: 2.4613 Low Apr 10 
*SUP 3: 2.3891 Low March 29 
*SUP 4: 2.3384 Low March 28 
10-Yr yields were unable to close above the 2.60 level yesterday despite
breaking briefly above it, which has shifted the focus back to the downside and
on Tuesday's low at 2.5453. A break below here would open the April 10 low at
2.4613 ahead of the March 29 low at 2.3891. Bulls need to recover 2.6121 to
return the focus to the upside. Above here would open the 50% retracement at
2.6410 ahead of the March 12 high at 2.6717. 

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