US 10YR FUTURE TECHS: (Z5) Bear Threat Remains Present

Please see PDF below for MNI's rough guide to the upcoming data schedule postponements as a result of the federal government shutdown. We will update this document as and when we learn more about individual release plans.

Shutdown Guide-Oct12025.pdf

White House Press Secretary Karoline Leavitt is shortly due to brief reporters at the White House. LIVESTREAM

• The presser will be dominated by questions on the US government shutdown that began at 00:01 ET 05:01 BST this morning and has been characterised by the Trump administration as a "Democrat shutdown".
• MNI's Political Risk team provided analysis on the consequences of a shutdown and potential off-ramps to reopen the government in today's edition of the MNI US Daily Brief. 

• RES 4: 1.2063 2.236 proj of the Feb 28 - Mar 18 - 247 price swing
• RES 3: 1.2000 Round number resistance 
• RES 2: 1.1919/23 High Sep 17 / 2.0 proj of Feb 28 - Mar 18-27 swing
• RES 1: 1.1820 High Sep 23  
• PRICE: 1.1730 @ 16:26 BST Oct 1
• SUP 1: 1.1684/46 50-day EMA / Low Sep 25 
• SUP 2: 1.1574 Low Aug 27
• SUP 3: 1.1528 Low Aug 5
• SUP 4: 1.1392 Low Aug 1 and bear trigger.

The trend theme in EURUSD remains bullish and the pullback between Sep 17 - 25, appears corrective. Support to watch lies at 1.1684. the 50-day EMA. It has been pierced, a clear break of this average would signal scope for a deeper retracement and expose 1.1574 initially, the Aug 27 low. For bulls, a clear  resumption of gains would refocus attention on 1.1923, a Fibonacci projection. Initial firm resistance to watch is 1.1820, the Sep 23 high.