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Contract Highs *RES 4:.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: Contract Highs
*RES 4: 127-26+/28+ 61.8% 134-07+-117-13+/Sep 8 2017 high
*RES 3: 125-26+        50% 134-07+-117-13+
*RES 2: 125-25+        Oct 13 2017 high
*RES 1: 125-25         Intraday High
*PRICE: 125-23         @ 15:07 GMT, May 29
*SUP 1: 124-01/123-27+ May 21 low/50-dma
*SUP 1: 122-30+/30     100-dma/May 3 low
*SUP 2: 122-19+        38.2% 117-13+-125-25
*SUP 3: 121-06/02      200-dma/Jan 18 low
The US 10y surged to fresh contract highs of 125-25, before meeting resistance
from the Oct 13 2017 high. Pullbacks have so far remained shallow and keeps the
bullish trend intact. Further resistance is located at 125-26+ from the 50%
retracement of 134-07+-117-13+, ahead of the Sep 8 2017 high at 127-28+. Bears
need to clear the May 23 low at 124-15 to stabilise the outlook, before
challenging the May 21 low & 50-dma at 124-01/123-27+.

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