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Free Access(U18) Rally Reaches Toward.....>
US 10YR FUTURE TECHS: (U18) Rally Reaches Toward 120-150/120-185 Resistance
*RES 4: 120-240 Hourly high May 30
*RES 3: 120-220 Equality rise from 119-135 to 118-295/120-060
*RES 2: 120-185 76.4% Fibo of 121-030/118-295
*RES 1: 120-150/160 May 31 high, hourly high May 30
*PRICE: 120-115 @0935GMT
*SUP 1: 120-020 Hourly support
*SUP 2: 119-300 Jun 27 low
*SUP 3: 119-265 Jun 26 low
*SUP 4: 119-205 Jun 22 low
*COMMENTARY* Last 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 last Wednesday 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
120-020/119-265, which should hold if rally to continue.
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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.