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US EURODLR OPTIONS

Mixed Trade Pre/Post Data, Implied Vol Lower

COPPER TECHS

(H2) Key Support Still Intact

CAD

USDCAD drops 40 pips post Canadian data

US TSY FUTURES

Reversing Initial Bid Post-Data

BTPS
BTPS: TECHS: (U9) Key support holds
*RES 4: 141.71 High Aug 7 and key resistance
*RES 3: 141.00 High Aug 8
*RES 2: 139.47 Low Aug 8 and gap high
*RES 1: 139.34 High Aug 13
*PRICE: 139.26 @ Close Aug 13
*SUP 1: 137.36 Low Aug 12
*SUP 2: 136.91 Low Aug 9
*SUP 3: 136.64 50-day EMA
*SUP 4: 135.51 Low Jul 2
U9 BTPS rallied yesterday. This is encouraging for bulls given that the band of
support between 137.03 and 136.64 remains intact. The former is the Jul 10 low
and the latter the 50-day EMA. An extension higher would reinforce the idea that
the recent sell-off, a correction, is complete and the focus would switch to
resistance and key bull trigger at 141.71. A breach of the recent 136.91 low and
an erosion of the 50-day EMA is required to expose a deeper retracement.