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(U18) Pullback Likely To.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Pullback Likely To Examine 119-300/119-265 Support
*RES 4: 120-220 Equality rise from 119-135 to 118-295/120-060
*RES 3: 120-185 76.4% Fibo of 121-030/118-295
*RES 2: 120-145/150 Jun 28, May 31 highs
*RES 1: 120-060/070 Hourly resistance
*PRICE: 119-305 @1042GMT
*SUP 1: 119-300 Jun 27 low
*SUP 2: 119-265 Jun 26 low
*SUP 3: 119-205 Jun 22 low
*SUP 4: 119-135 Jun 21 low
*COMMENTARY* The recovery from last month's dip to 118-295 has so far been
unable to make it any higher then 120-145. The subsequent pullback is likely to
test support from between 119-300/119-265. A loss of the latter would however
caution and suggest a deeper 119-205/119-135 fall, as retracements of those
gains from 118-295 begin to bite. On the topside, a move back above
120-060/120-070 would assist and allow re-examination of 120-145/120-150.

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