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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) Resistance Remains Exposed
- RES 4: 121.290 High Dec 2 2022 (cont)
- RES 3: 121.000 Round number resistance
- RES 2: 120.610 High Mar 21
- RES 1: 120.310 HHigh Mar 21 and the bull trigger
- PRICE: 119.020 @ 05:27 GMT Mar 24
- SUP 1: 118.770/117.920 Low Mar 22 / Low Mar 23
- SUP 2: 117.601/300 20-day EMA / Low Mar 22
- SUP 3: 116.982 61.8% retracement of the Mar 6 - 20 rally
- SUP 4: 116.370 Low Mar 15
Bobl futures support at 117.300 remains intact, the Mar 22 low. A key pivot support lies at the 20-day EMA that intersects at 117.601. A clear break of the EMA is required to signal scope for a deeper pullback. This would expose 116.982, a Fibonacci retracement. On the upside, a continuation of gains would refocus attention on 120.610, the Mar 21 high and bull trigger. Initial firm resistance is seen at 120.130, the Mar 24 high.
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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.