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(U17) 126-315/126-245..........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) 126-315/126-245 Becomes Key Support Area
*RES 4: 128-235 Median line off Mar and May lows
*RES 3: 128-105 61.8% Fibo of 131-235/122-145
*RES 2: 128-055 1% volatility band
*RES 1: 127-190 Aug 29 high
*PRICE: 127-010 @1003GMT
*SUP 1: 126-305/315 Aug 23 high, Aug 30, intraday lows
*SUP 2: 126-245 Hourly congestion Aug 24-28
*SUP 3: 126-160 Aug 23 low
*SUP 4: 126-140 8 week rising support line
*COMMENTARY* The move back above 127-015 rejuvenated the topside and has seen a
break above the Jun 14 high at 127-080 and also the 7 week bull channel top. A
high of 127-190 so far, with the upper 1% volatility band at 128-055 the next
barrier above. Only through here will allow a look at dual Fibo resistance
situated between 128-105/128-110. As a result, support comes initially from
126-305/126-315, with 126-245 more of a concern below.

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