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New One-Month Highs for 10Y Futures

US TSY FUTURES

Jun'23 10Y Futures extending highs at midday, 116-31 (+1-02), just north of April 5-6 highs of 116-30.
Tuesday’s price pattern is a bullish engulfing candle and this also reinforces current conditions, highlighting bullish sentiment and signaling scope for a test of 117-01+, the Mar 24 high and bull trigger.
The next key resistance is 117-29+ High Aug 26 2022 (cont).

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