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Free AccessMNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
###POV 123-050/124-220.........>
US 10YR FUTURE TECHS: ###POV 123-050/124-220 Support Key For LT Traders
*RES 2: 128-030 - 2017 High Sept 8 (Continuation)
*RES 1: 126-150 - Low Sept 14 now resistance
*PRICE: 125-120 @ 0130GMT
*SUP 1: 124-220 - Low Oct 6
*SUP 2: 123-005 - 2016 Low Dec 21
*POV: Broad sideways trading 123-005/128-030 has defined the past 10mths.
- Support emerging at 124-220 in recent weeks stalled the sell-off from 2017
highs with bulls needing a close above 126-150 to gain breathing room and return
focus to 128-030/129-060 (low Oct 28 now resistance). Overall LT bulls need a
close above 129-060 to shift focus to 134-070 2016 highs.
- LT bears continue to look for a close below 124-220 to reconfirm focus on
tests pf 123-005 2016 lows. A close below 2016 lows is required to open the door
for a move back to 117-220 2011 lows.
- Click here for chart https://tinyurl.com/y8qgkmul
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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.