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(U18) Rally Attempting.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Rally Attempting Clearance Of 120-085 Resistance
*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: 120-150/160 May 31 high, hourly high May 30
*RES 1: 120-085/110 61.8% of 121-030/118-295, intraday high
*PRICE: 120-080 @1022GMT
*SUP 1: 119-300 Hourly support
*SUP 2: 119-265 Jun 26 low
*SUP 3: 119-205 Jun 22 low
*SUP 4: 119-125/135 Congestion area Jun 11-Jun 14, Jun 21 low
*COMMENTARY* This month saw a sharp dip to 118-295, just below support from the
May 24 low at 118-300. The subsequent recovery has been almost as swift, rising
through 119-275 and today breaking above the next Fibo level of note, the 61.8%
retrace at 120-085. Sustained move through here and look to 120-150/120-185 as
next potential target zone. Support as a result, moves up to 119-300/119-265,
which should hold if rally to continue.

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