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(U0) Breaches Key Resistance....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U0) Breaches Key Resistance
*RES 4: 126-04+ 0.764 projection of Jun 5 - 15 rally from Jun 16 low
*RES 3: 126-00 Round number resistance
*RES 2: 125-31+ 0.618 projection of Jun 5 - 15 rally from Jun 16 low
*RES 1: 125-27 Intraday high
*PRICE: 125-25+ @ 11:39 BST, Jun 30
*SUP 1: 125-156 Jun 25 low
*SUP 2: 125-096 Low Jun 16 and key near-term support
*SUP 3: 125-03 Low Jun 10
*SUP 4: 124-276 Low Jun 9
5yr futures traded higher again yesterday and maintains a bullish tone.
Importantly, futures have traded through key resistance and the bull trigger at
125-246, May 8 high. The break of this resistance confirms a resumption of the
underlying bull trend and sets the scene for a climb towards 126-00 next. On the
downside key support has been defined at 125-096, Jun 16 low. A break of this
level is required to dampen recent bullish developments.

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