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(U9) Deflated by ECB *RES 3:...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Deflated by ECB
*RES 3: 130-08+ 76.4% 134-07+ - 117-13+
*RES 2: 128-15+ Upper Bollinger band (3%)
*RES 1: 128-14 Jul 3 high
*PRICE: 127-10 @ 10:51 BST, Jul 26
*SUP 1: 126-28+/15+ 50-dma/Jun 11 low
*SUP 2: 125-06+ May 30 low
*SUP 3: 125-06 100-dma
Bullish exhaustion ahead of 128-00 persists, with markets falling as the ECB
meeting proved less dovish than expected. The continued hold above former
trendline resistance-turned-support drawn off the May 3 low is an encouraging
sign for bulls. A clean break of 128-00 would reignite upside momentum,
returning the focus to the Jul 3 high & 3% upper Bollinger band at 128-15+/18.
Any move through here opens the potential of a return to 131-00. The May 30 low
provides interim support at 125-06+.

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