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(H0) Upside Extension *RES 4:...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Upside Extension
*RES 4: 120-182 1.500 projection of Dec 24 - Jan 8 rally from Jan 9 low
*RES 3: 120-132 1.382 projection of Dec 24 - Jan 8 rally from Jan 9 low
*RES 2: 120-07 1.236 projection of Dec 24 - Jan 8 rally from Jan 9 low
*RES 1: 120-026 Intraday high
*PRICE: 120-012 @ 11:28 GMT, Jan 30
*SUP 1: 119-176 Intraday low
*SUP 2: 119-036 Low Jan 24
*SUP 3: 119-002 Low Jan 22
*SUP 4: 118-236 Low Jan 17
5yr futures maintain a firmer tone and have rallied to fresh 2020 highs today.
Further gains are seen likely with the technical condition still bullish and
momentum and MA studies pointing north. Furthermore, the recent break of
119-166, Jan 8 high confirmed a resumption of the uptrend and also establishes a
price sequence of higher highs and higher lows. The focus is on a Fibonacci
projection at 120-07 next. On the downside, initial support lies at 119-176.

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