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Free AccessMNI POLITICAL RISK ANALYSIS - Week Ahead 9-15 Dec
MNI US MARKETS ANALYSIS - AUD/JPY Finds Bottom on China News
(U9) Up-trend remains intact, 134.200....>
BOBL TECHS: (U9) Up-trend remains intact, 134.200 is support
*RES 4: 135.020 2.00 Fibonacci swing projection of 132.74-133.62 from 133.30
*RES 3: 134.912 Bull channel top drawn off the May 3 low
*RES 2: 134.700 Contract high June 18
*RES 1: 134.47 High Jun 25
*PRICE: 134.220 @ 03:04 GMT June 27
*SUP 1: 134.200 Low Jun 21 and key near-term support
*SUP 2: 134.080 Low Jun 18
*SUP 3: 133.900 Low Jun 7
*SUP 4: 133.680/666 Low Jun 6 and 5-day EMA
U9 Bobl uptrend remains in place, however price action has pulled back from
highs set earlier this week. The focus turns to initial support at 134.200 where
a break would undermine bullish conditions & expose 134.08 and potentially a
move below. This week has seen price levels attempt to find support at trendline
support around 134.246. Clearance of 134.200 would confirm instead, a break of
the trendline. Initial resistance is at 134.47.
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.