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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

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  • RES 4: 155.71 High Aug 5 and the bull trigger (cont)
  • RES 3: 155.68 High Aug 25
  • RES 2: 155.14 High Aug 31
  • RES 1: 154.63 High Sep 14
  • PRICE: 154.05 @ Close Sep 15
  • SUP 1: 153.66 Low Sep 14
  • SUP 2: 152.94/84 Low Sep 9 / 50.0% of Jun 25 - Aug 5 rally (cont)
  • SUP 3: 152.66 Low Jul 15 (cont)
  • SUP 4: 152.16 61.8% retracement of the Jun 25 - Aug 5 rally (cont)

BTP futures trend conditions remain bearish despite the strong bounce on Sep 9. A bearish price sequence of lower lows and lower highs that signals potential for a continuation lower remains intact. The focus is on 152.84 next, a Fibonacci retracement and below. On the upside, further gains would open resistance at 155.14, the Aug 31 high. The bear trigger is at 152.94, Sep 7 low.