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(M18) 120-160/120-240..........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 120-160/120-240 Resistance After Bounce From 119-220
*RES 4: 121-145 76.4% Fibo of 122-020/119-140
*RES 3: 121-010 Feb 9 high, 61.8% Fibo of 122-020/119-140
*RES 2: 120-230/240 Mar 1 high, 50% Fibo of 122-020/119-140
*RES 1: 120-160 Mar 19 high 
*PRICE: 120-115 @1054GMT
*SUP 1: 119-275 Hourly support
*SUP 2: 119-215/220 Feb 27, Feb 28, Mar 21 lows
*SUP 3: 119-140 Feb 15 low
*SUP 4: 119-010 1% volatility band
*COMMENTARY* Found support at 119-220 on Wednesday, basically midway between the
congested 119-230/119-215 area. Has been followed by a bounce, which once again
tries to move through initial 120-160 resistance but still requires a rally
through the higher 120-230/120-240 region, before belief and confidence in a
recovery will appear. In the interim, some earlier support from 119-275 is the
protection against a return to 119-220/119-215.

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