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

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Upside Focus
*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: 120-06+ High Jan 30
*PRICE: 120-01+ @ 11:30 GMT, Jan 31
*SUP 1: 119-176 Low Jan 29
*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 rallied to fresh 2020 highs yesterday.
Further gains are seen likely with the technical condition still bullish and
momentum and MA studies still pointing north. Furthermore, the recent break of
119-166, Jan 8 high confirmed a resumption of the uptrend and also established a
price sequence of higher highs and higher lows. The focus is on Fibonacci
projections at 120-07 and 120-132 next. Initial support lies at 119-176.

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