Trial now
US 10YR FUTURE TECHS

‌‌(M1)‌‌ Resistance Remains Intact

OPTIONS

Larger FX Option Pipeline

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 1.2184 High Feb 26
  • RES 3: 1.2113 High Mar 3 and key near-term resistance
  • RES 2: 1.2067 High Mar 4
  • RES 1: 1.1992 Low Mar 2
  • PRICE: 1.1911 @ 05:50 GMT Mar 8
  • SUP 1: 1.1894 Low Mar 5
  • SUP 2: 1.1882 Low Nov 25
  • SUP 3: 1.1846 1.00 proj of the Jan 6 - Feb 5 sell-off from Feb 25 high
  • SUP 4: 1.1800 Low Nov 23

EURUSD outlook remains bearish and Friday's weakness reinforces this condition. The move lower resulted in a breach of key support at 1.1952, Feb 25 low to confirm a resumption of the bearish cycle that started February 6. This opens 1.1882 next, Nov 25 low and 1.1846, the projection of the Jan 6 - Feb 5 sell-off from Feb 25 high. Firm near-term resistance has been defined at 1.2113, Mar 3 high. Initial resistance is seen at 1.1992, Mar 2 low.