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(M9) Firm Treasuries Lend......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Firm Treasuries Lend Support
*RES 3: 153.34 - Mar28 High
*RES 2: 152.94 - 38.2% 153.34 - 152.70
*RES 1: 152.80 - 50-DMA
*PRICE: 152.61 @ 14:55 BST, Apr 18
*SUP 1: 152.33 - 6 March Low
*SUP 2: 152.14 - 3% Lower Bollinger Band
*SUP 3: 151.97 - 38.2% 149.75 - 153.34
JGB markets recovered nicely Thursday after a few negative sessions, but bears
retain momentum for now. Bulls will need to reclaim the 50-dma to gain a
stronger foothold (sitting at 152.80), but momentum trends suggest further
downside for now. Bears looks to take out the week's lows at 152.32 before the
3% lower Bollinger Band at 152.14, which would indicate a more solid bearish
breakout. BoJ's quarterly outlook report due next week provides the next
catalyst.

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