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Free Access(Z9) 100-DMA Continues To.......>
US 5YR FUTURE TECHS: (Z9) 100-DMA Continues To Hold
*RES 4: 120-172 1.382 projection of rally between Sep 13 - Sep 24 from Oct 1 low
*RES 3: 120-13 Contract high Sep 4 and bull trigger
*RES 2: 120-09+ High Oct 3
*RES 1: 119-13 50-DMA
*PRICE: 118-30+ 10:08 GMT, Oct 21
*SUP 1: 118-237/192 Low Oct 17/100-DMA
*SUP 2: 118-15 Low Sep 19
*SUP 3: 118-03 Low Sep 13
*SUP 4: 117-22 Low July 31
5yr futures continue to hold above the 100-dma at 118-192 but erosion below key
support at 118-25 continues to weaken technical outlook. Break below 100-dma
puts pressure on 118-15 ahead of 118-03. To revisit contract highs at 120-13,
markets need to reclaim the 120-00 level, which looks a tough task from here.
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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.