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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(M18) Range Break Targets.......>
US 5YR FUTURE TECHS: (M18) Range Break Targets 114-227/114-245 Next
*RES 4: 114-270 Feb 9 high
*RES 3: 114-245 Equality rise from 114-007 to 113-190/114-107
*RES 2: 114-227 61.8% Fibo of 115-127/113-190
*RES 1: 114-197 Mar 28 high
*PRICE: 114-112 @1004GMT
*SUP 1: 114-082 Mar 28 low
*SUP 2: 114-040 Mar 19 high, initial rally high Mar 27
*SUP 3: 114-007 Mar 26 low
*SUP 4: 113-272 Mar 9 low
*COMMENTARY* Tuesday saw a break out of the recent range, rising through
114-092/114-127. A high of 114-197 so far, as we head for the next resistance of
note, the 61.8% Fibo retrace level at 114-227. This of the preceding
115-127/113-190 fall seen over the early part of the year. Meanwhile initial
114-107 support has been lost but the 114-040 level currently considered of more
importance below. Above 114-227 and look to 114-245/114-270 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.