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(U0) Bullish Price Sequence.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U0) Bullish Price Sequence Resumes
*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: 125-28+ Intraday high
*PRICE: 125-266 @ 11:43 BST, Jul 10
*SUP 1: 125-166 Low Jul 2 and key near-term support
*SUP 2: 125-096 Low Jun 16 and a reversal trigger
*SUP 3: 125-03 Low Jun 10
*SUP 4: 124-276 Low Jun 9
5yr futures rallied yesterday and have followed through today. The move higher
has resulted in a breach of resistance at 125-272, Mar 30 high to confirm a
resumption of the underlying uptrend. From a trend perspective, the move higher
has reinforced the positive price sequence of higher highs and higher lows that
defines an uptrend. Further gains are likely with the focus on 125-31+, a
Fibonacci projection. Key support has been defined at 125-166, Jul 2 low.

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