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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
(M3) Key Support Remains Intact
- RES 4: 106.955 High Mar 20 and key resistance
- RES 3: 106.629 76.4% retracement of the Mar 20 - 22 sell-off
- RES 2: 106.530 High Mar 21
- RES 1: 106.428 61.8% retracement of the Mar 20 - 22 sell-off
- PRICE: 106.255 @ 05:40 GMT Mar 24
- SUP 1: 105.795 Low Mar 23
- SUP 2: 105.575 Low Mar 22
- SUP 3: 105.560 20-day EMA
- SUP 4: 105.336 61.8% retracement of the Mar 9 - 20 rally
Schatz futures have recovered from Wednesday’s low of 105.575. A key support lies at 105.560, the 20-day EMA, where a break is required to signal scope for a deeper pullback. For now, the recent move lower is considered corrective. On the upside, key resistance and the bull trigger is at 106.955, the Mar 20 high. Initial firm resistance is seen at 106.428, a Fibonacci retracement.
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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.