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(H9) On Back Foot Again *RES...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) On Back Foot Again
*RES 3: 127-28+ Sep 8, 2017 high
*RES 2: 124-02+ Dec 29 2017 high
*RES 1: 123-08 Jan 3 high
*PRICE: 121-11 @ 11:21 GMT, Jan 28
*SUP 1: 120-04+ Dec 12-13 lows
*SUP 2: 119-23+ 200-dma
*SUP 3: 119-20+/06 100-dma, Oct 26 high
*SUP 4: 118-25+ 76.4% 117-13+-123-08
Despite rallying towards the 122-00 level, the 10-Yr ended last week on the back
foot with a reversal back under the 21-dma (121-25+). Bulls need a decisive
break above here to build on recent momentum, targeting the Jan 14 high at
122-09, ahead of a run at the Jan 3 peak. Bears need a downside break of the Jan
18 low at 121-02, opening a run at the Dec 26 low at 120-28, ahead of the Dec
12-13 lows at 120-04+.

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