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US 30YR FUTURE TECHS: (M18) Sustained 146-00/146-05 Break Needed To Add Impetus
*RES 4: 147-22 2% volatility band
*RES 3: 147-14 50% Fibo of 153-14/141-14
*RES 2: 146-21/24 Feb 6 high, equality rise from 144-06
*RES 1: 146-07/10 1% volatility band, Mar 28 high
*PRICE: 145-31 @1024GMT
*SUP 1: 145-04 Mar 26 high, now support
*SUP 2: 144-24 Mar 19 high, initial rally high Mar 27
*SUP 3: 144-06 Mar 23 low
*SUP 4: 143-26 Feb 26 high, now support
*COMMENTARY* Found the ability to move through 145-14 resistance on Tuesday and
145-29 yesterday. Now threatening to break clear of the 38.2% Fibo retrace, 5
week bull channel top and 1% volatility band, all situated between
146-00/146-05. A high of 146-10 so far, which if it can be sustained, will
target the 146-21/146-24 area next, ahead of the 50% Fibo level at 147-14.
Support initially from above 145-04 and then 144-24.
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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.