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(H9) Chips Away Thursday's.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) Chips Away Thursday's Gains
*RES 3: 125-26+ 50% 134-07+-117-13+
*RES 2: 124-02+ Dec 29 2017 high
*RES 1: 123-08 Jan 3 high
*PRICE: 122-02+ @ 16:20 GMT, Feb 15
*SUP 1: 121-15+/02 50-dma/Jan 18 low
*SUP 2: 120-04+ Dec 12-13 lows
*SUP 3: 120-00+/119-29+ 100-dma/200-dma
Treasuries snapped the recent losing streak Thursday, but selling pressure
resumed in the Friday session, prompting Treasuries to trade either side of the
122-00 handle. This keeps the near-term outlook stable. The 50-dma at 121-15+
remains firm support for now, and the bearish case will strengthen on a break
below this mark, opening the Jan 18 low at 121-02, below which would enable a
run at the Dec 26 low at 120-28. Bulls focus remains on the Jan 31 high at
122-19. A break above here opens the Jan 3 high at 123-08, ahead of a potential
return to the Oct 25 2017 low at 124-06.

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