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(Z18) 200-dma Remains In.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) 200-dma Remains In Focus
*RES 4: 121-12+ High May 31 
*RES 3: 120-20 Aug 22 high 
*RES 2: 119-27+ Low Aug 29 
*RES 1: 119-19 200-dma
*PRICE: 119-18 @ 16:22 GMT, Nov 29 
*SUP 1: 118-16+ 50-dma 
*SUP 2: 117-13+ Oct 8 low 
*SUP 3: 116-20 Breakout target from triangle pattern (continuation chart) 
*SUP 4: 115-26 61.8% Retracement of 103-20+ to 135-15+ 
10-year futures broke out to the upside and remain supported by Powell's dovish
tones Wednesday, prompting prices to show above the 200-dma for the first time
in over a year. A close above this level would shift the medium-term picture
bullish. Bears continue to target the 50-dma at 118-16+. Below here would return
the focus to the Oct 8 low at 117-13+, ahead of the breakout target from the
triangle pattern at 116-20. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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