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Extending Higher Post-Auction


Bunds extend higher following solid 30-Yr auction (good real cover ratio. Weighted avg price 101.53, 3c tail vs lowest accepted price of 101.50; but well above 101.32 pre-auction mid).

RXU0 coming off a little from high of 176.83 now, but 178.01 seen as next major resistance (Jul 31 /Aug 4 highs) by our tech analyst.

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