BoJ Bounce *RES 3: 155.53 - Cycle High....>

JGB TECHS: BoJ Bounce

*RES 3: 155.53 - Cycle High

*RES 2: 155.40 - 2.0% Upper Bollinger Band

*RES 1: 155.26 - High Oct 8

*PRICE: 154.25 @ 15:36 GMT, Oct 31

*SUP 1: 153.62 - Low Sep 17

*SUP 2: 153.52 - 200-dma

*SUP 3: 153.49 - Low Aug 2

Early October highs are on the cards after the market staged a decent recovery

on the twin effects of the Bank of Japan and Federal Reserve decisions. This

gives bulls a far healthier outlook, with a break above the 155.00 handle now

needed to trigger the next leg higher. The 100-dma also chips in as near-term

resistance, currently sitting at 154.29. To the downside, this week's lows at

153.64 should provide decent support.