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(M9) Edges Higher into the.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Edges Higher into the Fed
*RES 3: 124-02+ Dec 29 2017 high 
*RES 2: 123-08   Jan 3 high
*RES 1: 123-03+ Mar 15 high
*PRICE: 122-29+ @ 16:51 GMT, Mar 20
*SUP 1: 121-02/01 Jan 18 low/38.2% 117-13+-123-08
*SUP 2: 120-30 100-dma
*SUP 3: 120-07+/04+ 200-dma/Dec 12-13 lows
The Wednesday session saw 10y futures edge higher into the FOMC rate decision,
ending the short spell of lower highs tracked over the past three sessions.
Markets need to first break the Mar15 high at 123-03+ ahead of the Jan3 high at
123-08. The symmetrical triangle top remains in play, with market yet to close
above, sitting at 122-31. A downside break of the base, brings the 50-dma back
into view at 122-00. Below here shifts the focus to the Mar 4 low at 121-10
ahead of the Jan 18 low and 38.2% retracement of the Oct-Jan rally.  

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