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(M0) Edging Higher *RES 4:......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M0) Edging Higher
*RES 4: 126-046 3.236 Fibonacci projection of Jan 9 - 31 rally from Feb 6 low
*RES 3: 126-00 Round number resistance
*RES 2: 125-286 High Mar 9 and bull trigger
*RES 1: 125-232 High Apr 21
*PRICE: 125-15 @ 11:35 BST, Apr 30
*SUP 1: 125-05+ Low Apr27
*SUP 2: 124-202 Low Apr 7 and key support
*SUP 3: 124-186 Low Mar 25
*SUP 4: 123-26+ Low Mar 20
5yr futures have recovered off recent lows finding support at 125.05+, Monday's
low. The outlook is unchanged and still bullish. On Apr 7, price bounced off
124-202, just ahead of the 20-day EMA. The recovery is seen to be a positive
development and reinforces an underlying bullish outlook. The focus is on
125-232, the Apr 21 high where a break would confirm a bull trend resumption and
open 125-286, Mar 9 high. Key S/T support remains 124-202, Apr 7 low.

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