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Pause In The Downtrend *RES....>

US 10YR FUTURE TECHS: Pause In The Downtrend
*RES 4: 127-28+    Sep 8 2017 high
*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: 123-19+    @ 09:31 GMT, Apr 8
*SUP 1: 122-21+/02 50-dma/38.2% 117-13+-124-31
*SUP 2: 121-22/02  100-dma/Jan 18 low
*SUP 3: 120-16/04+ 200-dma/Dec 12-13 lows
*SUP 4: 119-22     Dec 4 low
US tsy futures based ahead of 123-08 on Friday, with the recovery extending back
toward the 123-20/25 area. Bulls need to clear the April 1 high at 124-05+ to
return the focus to the March 27 high at 124-31+. Above here would reignite
upside momentum towards the 50% retracement level of the 134-07+-117-13+ at
125-26+. On the downside Friday's low at 123-08+ acts as near term support, with
a break here needed to open the March 20 low & 50-dma at 122-23/21+.

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