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(U17) Support Line Breaks,......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U17) Support Line Breaks, 118-010 Now Looks Key Support
*RES 4: 118-247 Jun 14 high
*RES 3: 118-220 Aug 11 high
*RES 2: 118-182 Hourly recovery high Aug 14
*RES 1: 118-150/157 Hourly resistance
*PRICE: 118-062 @1019GMT
*SUP 1: 118-050 61.8% Fibo of 117-265/118-220
*SUP 2: 118-035 Aug 4 low
*SUP 3: 118-010 76.4% Fibo of 117-265/118-220, Aug 1 low
*SUP 4: 117-265 Jul 25, Jul 26 lows
*COMMENTARY* Suffering the fallout from the failed attempt to reach the Jun 14
high at 118-247. A peak of 118-220 last Friday has been followed by a fall below
the 7 week rising support line at 118-087 by time today. This now leaves the
118-050/118-035 region as next support, ahead of what currently looks a stronger
level at 118-010. As a consequence, resistance also falls, 118-150/118-182 now
in the way of any upside progress.

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