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Why MNI
MNI is the leading provider
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.
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Free AccessMNI China Daily Summary: Friday, November 29
MNI US OPEN - Le Pen Sets Deadline for Further Concessions
(U18) Still Trending Higher *RES 4:......>
BUND TECHS: (U18) Still Trending Higher
*RES 4: 167.00 Measured move from triangle breakout
*RES 3: 164.19 High May 29
*RES 2: 163.92 High December 1, 2017 (Continuation chart)
*RES 1: 163.88 High Aug 17
*PREVIOUS CLOSE: 163.67
*SUP 1: 163.10 Low Aug 15
*SUP 2: 162.69 Low Aug 10
*SUP 3: 161.98 Low Aug 8
*SUP 4: 161.45 Hourly Low Aug 3
Yesterday's opening lows were recovered throughout the day to keep the bullish
trend intact. A break above Friday's high of 163.88 would keep the focus on the
May 29 high of 164.19, with little resistance beyond there until the measured
move target at 167.00. Bears need to close below 163.42 to give them some
breathing room and below the Aug 15 low at 163.10 shift the short-term focus
lower and allow them to target the August 10 low at 162.69.
To read the full story
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Why MNI
MNI is the leading provider
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.