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(U17) Rally Still Supported....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) Rally Still Supported By 12 Day Rising Support Line
*RES 4: 127-165 1% volatility band
*RES 3: 127-080 Jun 14 high
*RES 2: 126-290 Jun 26 high
*RES 1: 126-255 Hourly resistance
*PRICE: 126-235 @1035GMT
*SUP 1: 126-105 Hourly support
*SUP 2: 126-060 Aug 10 low
*SUP 3: 126-015 12 day rising support line
*SUP 4: 125-290 Aug 4, Aug 8 lows
*COMMENTARY* Again here, the move back above 126-185 has removed the near term
threat from Wednesday's 'shooting star' candle close. In fact the subsequent
rise has also broken above the key 76.4% Fibo retrace level at 126-215. A high
of 126-255 at the time of writing, as we close in on the Jun 26 high at 126-290.
Support comes initially from 126-105/126-060, the 12 day rising support line at
126-015 below. Above 126-290 and the Jun 14 peak at 127-080 next.

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