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Extends The Downtrend *RES.....>

US 10YR FUTURE TECHS: Extends The Downtrend
*RES 4: 127-28+     Sep 8 2017 high
*RES 3: 127-26+     61.8% 134-07+-117-13+
*RES 2: 125-26+     50% 134-07+-117-13+
*RES 1: 124-31      Mar 27 high
*PRICE: 123-13      @ 09:39 GMT, Apr 5
*SUP 1: 122-20/02   50-dma/38.2% 117-13+-124-31
*SUP 2: 121-20+/02  100-dma/Jan 18 low
*SUP 3: 120-15+/04+ 200-dma/Dec 12-13 lows
*SUP 4: 119-22      Dec 4 low
US tsy futures remain on the defensive with the March 21 low at 123-09 acting as
near term support. A break here would open the March 20 low & 50-dma at
122-23/20, ahead of the March 12 low at 122-12. To regain the upper hand bulls
need to recover the April 1 high at 124-05+, to return the focus to the March 27
high at 124-31+. Above here would reignite upside momentum towards the 50%
retracement level of the 134-07+-117-13+ move which comes in at 125-26+.

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