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(U18) Set To Resume Uptrend.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) Set To Resume Uptrend
*RES 4: 113-29.25 May 31 high
*RES 3: 113-28, 61.8% of 112.2925/114-1525
*RES 2: 113-26 Jul 6 high
*RES 1: 113-25 Intraday high
*PRICE: 113-182 @ 10:14 GMT
*SUP 1: 113-147 50% Retracement of Recent Recovery
*SUP 2: 113-126 Aug 6 high
*SUP 3: 113-045 Aug 8 low
*SUP 4: 112-305 Aug 1 Low
The early week corrective pullback has remained extremely limited, keeping the
overall bullish structure of the August recovery intact. Indeed, the 5-year note
now looks set to attempt a resumption of the uptrend with a rebound from
yesterday's 113-152 low. Focus is now on a retest of the 113-25 August high,
with a break above here opening the way to the May 31 high of 113-292. Holding
113-147 maintains the positive technical picture.

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