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Free Access(M18) Fresh Rise Has...........>
US 10YR FUTURE TECHS: (M18) Fresh Rise Has 121-145/121-170 On It's Mind
*RES 4: 121-230 1% volatility band
*RES 3: 121-170 Equality rise from 120-110 to 119-220/120-280
*RES 2: 121-145 76.4% Fibo of 122-020/119-140
*RES 1: 121-090 Mar 29 high
*PRICE: 120-315 @1011GMT
*SUP 1: 120-230 Mar 1, Mar 14 highs, now support
*SUP 2: 120-180 Hourly support
*SUP 3: 120-110 Mar 26 low
*SUP 4: 120-045/065 Congestion area Feb 16-Mar 12
*COMMENTARY* The move back above 120-230 last Friday was the first inkling of an
upside revival which has been carried on by the further rise through 120-280
this week. This has seen a high of 121-090 so far, with the next resistance of
real note, the 76.4% Fibo retrace level at 121-145. As a result, initial support
moves up to that 120-230 area, with the lower 120-180 level anticipated to stay
out of trouble, if gains are to continue. Above 121-145 and 121-170 next.
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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.