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CGB: High For The Day Possible

Published 09/03/2013, 02:45 AM
CGB
Ten-Year Government of Canada Bond resistance at 130.41/46 for profit taking. A high for the day is possible but above here look for 130.55 and a selling opportunity with stops above 130.66. A break higher should fill the gap at 130.87 with further resistance at 131.06.

Immediate support is 130.10/05 but below here we could see 129.80. A low for the day is likely here but if we continue lower look for support at 129.52/50. Stops on longs below 129.40.

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