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Resistance in Tnotes holds

CROSS ASSET
  • US TYM4 is tested Yesterday's spike up to 111.15, so far printed a 111.15 high.
  • Further upside momentum will open to 111.24+, the printed high on the 13th February (US CPI day).
  • US 10yr Yield found some support Yesterday just ahead of the 4.10% mark, printed a 4.1098% low, and today a 4.1156% low.
  • USDJPY is still taking its cue from the US Yield and made an attempt at the initial support of 149.21 (29th Feb low), but so far failed at 149.29 as TYM4 finds resistance at that 111.15 level.

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