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TYM2 Through Initial Resistance

US TSYS

TYM2 shows above technical resistance in the form of its 20-day EMA, printing as high as 119-13+ on the back of the previously outlined Asia-Pac (China & North Korea) COVID case headlines. Note that the recovery from Monday’s cycle low is still considered corrective in a technical sense, with bulls having to overturn key resistance in the form of the April 27 high (120-18+) to start turning the tide in their favour.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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