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(M18) 113-135/113-172 The.......>

US 5YR FUTURE TECHS: (M18) 113-135/113-172 The Likely Bar To Any Recovery Hopes
*RES 4: 113-257 Apr 16 low, now resistance
*RES 3: 113-222 Apr 18 low, now resistance
*RES 2: 113-172 Apr 19 low, now resistance
*RES 1: 113-135 Apr 23 high
*PRICE: 113-077 @0941GMT
*SUP 1: 113-062 Intraday low
*SUP 2: 112-290 Equality fall from 114-207 to 115-127/113-210
*SUP 3: 112-210 Equality fall from 118-320 to 122-285/116-155
*SUP 4: 112-162 1% volatility band
*COMMENTARY* The loss of pivotal 113-272 support last week returned overall bias
to the downside and has been followed by a break of the key 113-180/113-170
area. A low of 113-062 so far, as we approach 112-290, the first of two equality
fall targets. As a consequence, resistance drops to 113-135/113-172, above the
former will break the 2 week downtrend but back above the latter likely needed
to provide any upside enthusiasm.

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