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Free Access(M9) Support Found Ahead Of....>
US 10YR FUTURE TECHS: (M9) Support Found Ahead Of Jan 18 Lows
*RES 4: 125-26+ 50% 134-07+-117-13+
*RES 3: 124-02+ Dec 29 2017 high
*RES 2: 123-08 Jan 3 high
*RES 1: 122-12 Feb 27 high
*PRICE: 121-21 @ 05:51 GMT, Mar 5
*SUP 1: 121-10 Low Mar 4
*SUP 2: 121-02 Jan 18 low
*SUP 3: 120-14+/02+ 100-dma/200-dma
*SUP 4: 120-04+ Dec 12-13 lows
10-Yr futures found some support yesterday ahead of their Jan 18 lows which
shifts the near term outlook neutral. Bears look for a break below yesterday's
low at 121-10 to return the focus to the Jan 18 low at 121-02. A break opens the
100 & 200-dma's at 120-14+/02+. Bulls need to recover the Feb 27 high at 122-12
to re-ignite momentum, above here would trigger a continuation pattern, opening
the Jan 31 high at 122-19.
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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.