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(U17) Eases Back After.........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U17) Eases Back After 156-12 And 1% Vol Band Cap Rise 
*RES 4: 158-18 2% volatility band
*RES 3: 157-27 38.2% Fibo of 177-11/145-26
*RES 2: 157-00/08 1% volatility band, Jun 26 high 
*RES 1: 156-12 Aug 18 high
*PRICE: 155-19 @0900GMT
*SUP 1: 155-06 Aug 16 high, now support
*SUP 2: 154-18 Aug 17 low
*SUP 3: 154-10 Initial rally high Aug 16, now support
*SUP 4: 153-24 Aug 15 low
*COMMENTARY* Found support from above the 153-16/153-17 area last week and the
subsequent recovery has seen a move above the key 155-29 level. That said, the
rally has faltered at 156-12 and above here will face continued resistance from
the upper 1% volatility band at 157-00 and the Jun 26 high at 157-08. A
sustained break here is needed, before the longer term Fibo retrace at 157-27
comes into view. Support 155-06 but 154-18/154-10 of more importance below.

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