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EURUSD TECHS

Bearish Threat Remains Present

US TSYS/SUPPLY

WI 20Y Bond Re-Open

OPTIONS

Mostly Downside In Euribor

NORGES BANK

JPMorgan: Expect 25bps, But Sees Risks of 50bps

STIR

BLOCK, SOFR Put Spd

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BRENT TECHS, DOLLAR-SING
BRENT TECHS: (J20): Stalled At The 38.2% Retracement
*RES 4: $64.16 - 61.8% retracement of the Jan 8 - Feb 10 decline
*RES 3: $62.05 - 50% retracement of the Jan 8 - Feb 10 decline
*RES 2: $59.94/00 - 38.2% retracement / High Feb 20
*RES 1: $57.86 - Intraday high
*PRICE: $56.82 @ 08:29 GMT Feb 24
*SUP 1: $56.30 - Low Feb 18
*SUP 2: $54.96 - Low Feb 13
*SUP 3: $53.11 - Low Feb 10 and key support
*SUP 4: $50.87 - 123.6% retracement projection of the Oct 3 - Jan 8 rally
Brent stalled last week at $60.00 and has edged lower again so far today. The
failure at $60.00 also marks a failure at the 38.2% retracement of the Jan 8 -
Feb 10 decline at $59.94. For now, the move lower is being viewed as a
correction. The next support lies at $56.30, Feb 18 low. An ability to hold
above this level would resume attention of gains and the bull trigger at $60.00.
A break lower though would allow for a deeper pullback towards $55.00.

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