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(H0) Still Heading North.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Still Heading North
*RES 4: 132-10 3.0% Upper Bollinger Band
*RES 3: 132-02+ High Oct 3 and Oct 7 and key resistance
*RES 2: 131-27+ High Oct 10
*RES 1: 131-19+ High Jan 31
*PRICE: 131-19 @ 16:25 GMT, Jan 31
*SUP 1: 130-13+ Low Jan 29 and key near-term support
*SUP 2: 129-17+ Low Jan 23
*SUP 3: 129-12 Low Jan 22
*SUP 4: 128-29 Low Jan 17
10yr futures maintain a firmer tone and rallied to fresh 2020 highs again
Friday. Further gains are seen likely with technical conditions still bullish
and momentum and MA studies pointing north. Furthermore, the recent break of
130-06, Jan 8 high confirmed a resumption of the uptrend and also established a
broader price sequence of higher highs and higher lows. The focus is on 131-27+
next, the October 10 high. Initial support lies at 130-13+.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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