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(U9) Contract highs *RES 4:....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Contract highs
*RES 4: 130-08+    76.4% 134-07+-117-13+
*RES 3: 127-28+    Sep 8 2017 high
*RES 2: 127-26+    61.8% 134-07+-117-13+
*RES 1: 127-10+    Intraday high
*PRICE: 127-04     @ 09:43 GMT, Jun 3
*SUP 1: 125-06+    May 30 low
*SUP 2: 124-01+/01 50-dma/May 21 low
*SUP 3: 123-17+    38.2% 117-13+-127-10+
*SUP 4: 123-02+/30 100-dma/May 3 low
The risk-off theme underpinned with the 10y surging above 127 to multi-month
highs of 127-10+. Pullbacks have so far remained shallow and keeps the recent
uptrend intact. Next resistance is seen at 127-26+ from the 61.8% retracement,
above here would see bulls target a return to the 130-00 level, ahead of the
76.4% retracement at 130-08+. Initial downside support comes in today at
125-06+, with a break here needed to open the 50-dma & May 21 low at 124-01+/01.

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