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Free Access(Z17) 127-190/127-250 The......>
US 10YR FUTURE TECHS: (Z17) 127-190/127-250 The Next Upside Target Area
*RES 4: 128-250 Median line off March & May lows
*RES 3: 128-105 1% volatility band, 50% of 134-070/122-145
*RES 2: 127-250 8 week bull channel top
*RES 1: 127-190 Aug 29 high
*PRICE: 127-165 @1005GMT
*SUP 1: 127-050/080 Hourly support
*SUP 2: 126-300/305 Initial high Sep 5, Sep 3 high, now suppt
*SUP 3: 126-240 Sep 3 low
*SUP 4: 126-190/195 Sep 1 low, 8 week bull channel base
*COMMENTARY* Have seen an impressive recovery after the drop to 126-190 on Sep
1, tested the base of the 8 week bull channel. The subsequent rise is now fast
approaching the previous 127-190 high, seen on Aug 29. In the interim, support
also on the move, 127-080/127-050 initially, with stronger levels currently seen
from between 126-305/126-300. Loss of the latter would caution. Directly above
127-190 and the next barrier is that 8 week channel top at 127-250.
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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.