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(H0) Breaks Higher *RES 4:......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Breaks Higher
*RES 4: 120-132 1.382 projection of Dec 24 - Jan 8 rally from Jan 9 low
*RES 3: 120-07 1.236 projection of Dec 24 - Jan 8 rally from Jan 9 low
*RES 2: 120-000 Round number resistance
*RES 1: 119-286 1.00 projection of Dec 24 - Jan 8 rally from Jan 9 low
*PRICE: 119-266 @ 11:33 GMT, Jan 27
*SUP 1: 119-202 Intraday low a gap high
*SUP 2: 119-036 Low Jan 24
*SUP 3: 119-002 Low Jan 22
*SUP 4: 118-236 Low Jan 17
5yr futures maintains a firmer tone. With risk clearly off the table right now,
further gains are seen likely near-term. The technical condition is bullish too
and this has been reinforced today following sharp gains and the break of
resistance at 119-162, Jan 8 high and 119-192, the Oct 31 high. Attention is on
119-286 and 120-074, both Fibonacci projection levels. On the downside, initial
support lies at 119-202, today's intraday low thus far.

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