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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI China Daily Summary: Wednesday, December 11
Key Resistance Remains Exposed
- RES 4: 117-14+ High Aug 29 / 30 2022 (cont)
- RES 3: 117-00 61.8% of the Aug - Oct 2022 bear leg (cont)
- RES 2: 116-28+ High Jan 19 and key resistance
- RES 1: 116-24 Intraday high
- PRICE: 115-26 @ 10:53 GMT Mar 20
- SUP 1: 114-25 Intraday low
- SUP 2: 114-01+ Low Mar 17
- SUP 3: 113-09+ 50-day EMA
- SUP 4: 112-21 Low Mar 13
Treasury futures are trading in a volatile manner rallying through 116.00 earlier today. A bullish short-term outlook remains intact. Key support to watch lies at 113-09+, the 50-day EMA and this level also represents a short-term pivot level.The focus is on 116-28+, the Jan 19 high and a key resistance. On the downside, a clear breach of the 50-day EMA would expose 112-21, the Mar 13 low.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.