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CGB December contract Forecast for 13 September 2013Ten-Year Government of Canada Bond Dec continued a recovery in to the end of the week as predicted beating 127.44 but not as far as strong resistance at 127.64/70. Use this as a selling opportunity today with stops above 127.75 for 127.95. Above here a selling opportunity at 128.24/27. If we hold below 127.28/26 however a retest of yesterday’s 127.12/07 low is possible. Good support then down to 126.65/60 should hold the downside again if tested. However longs need stops below 126.51 for the next support at 126.21/20.
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