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(M9) Bullish Uptrend Hits......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Bullish Uptrend Hits Pause
*RES 3: 127-26+ 61.8% 134-07+-117-13+
*RES 2: 125-26+ 50% 134-07+-117-13+
*RES 1: 124-31 Mar 27 high
*PRICE: 123-22+ @ 15:13 GMT, Apr 1
*SUP 1: 122-14+/02 50-dma/38.2% 117-13+-124-31
*SUP 2: 121-13/02 100-dma/Jan 18 low
*SUP 3: 120-13/04+ 200-dma/Dec 12-13 lows
The broader uptrend in 10-Yr futures remains intact but short-term weakness
begun to cement itself over the past few sessions. Bears successfully pressed
prices below the March 22 low at 123-23+, raising the prospect of a bearish
reversal. Below here brings uptrend support from the March lows into focus at
123-10, ahead of the 50-dma & 38.2% retracement at 122-14+/02. On the topside
bulls continue to focus on the March 27 high at 124-31 to reignite the uptrend,
opening a run at the 50% retracement level at 125-26+.

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