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(U17) Recovers To Retest July...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U17) Recovers To Retest July High At 118-097
*RES 4: 118-285 Median line off Mar & May lows
*RES 3: 118-247 Jun 14 high
*RES 2: 118-140/145 Jun 26 high, 76.4% of 118-247/117-132
*RES 1: 118-095/097 Jul 24, Jul 21 highs
*PRICE: 118-065 @0937GMT
*SUP 1: 118-010/030 Aug 1 low, hourly support
*SUP 2: 117-302 Jul 28 low
*SUP 3: 117-265/270 Jul 25 low, initial rally high Jul 13
*SUP 4: 117-235 Jul 13 low
*COMMENTARY* 117-295 support remained intact, having survived a 117-302 pullback
last Friday. The subsequent recovery has now found the wherewithal for a move
back above 118-072, thereby bringing the late July highs at 118-095/118-097 back
into the equation. Has faltered here so far but a successful break will then
have 118-140/118-145 as the remaining bar to the Jun 14 high at 118-247. Support
rises with it, 118-030/118-010 now in front of the still important 117-302.

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