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(U17) A 126-060/126-045........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) A 126-060/126-045 Break Would Initiate Correction
*RES 4: 127-180 1% volatility band
*RES 3: 127-080 Jun 14 high
*RES 2: 126-280/290 Aug 11, Jun 26 highs
*RES 1: 126-220 Hourly resistance
*PRICE: 126-090 @1052GMT
*SUP 1: 126-060 Aug 10 low
*SUP 2: 126-045 3 week rising support line
*SUP 3: 125-290 Aug 4, Aug 8 lows
*SUP 4: 125-155 Jul 25, Jul 26 lows
*COMMENTARY* Again here, the move back above 126-185 on Friday has removed the
near term threat from Wednesday's 'shooting star' candle close. In fact the
subsequent rise has  broken above the key 76.4% Fibo retrace level at 126-215. A
high of 126-280, as we close in on the Jun 26 high at 126-290. Support comes
initially from 126-060, the 3 week rising support line at 126-045 below. Loss of
the latter would concern now.

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