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(H0): Fading Fast *RES 3: 153.55 - High...>

JGB TECHS
JGB TECHS: (H0): Fading Fast
*RES 3: 153.55 - High Nov 28 and key resistance
*RES 2: 153.13 - 100-dma
*RES 1: 153.13 - High Jan 31
*PRICE: 152.65 @ 16:27 GMT, Feb 19
*SUP 1: 152.33 - 50-dma
*SUP 2: 151.62 - Contract lows, Dec 20
*SUP 3: 151.11 - 76.4% retracement of August 2018 - September 2019 Rally
JGBs pulled lower Wednesday after the pretty erratic rally earlier in the week.
This negates any of the bullish signals that emerged, with dmas still marking
both the upside and downside targets. The 100-dma sits at 153.13, which acts as
a bull trigger going forward. Nonetheless, the risk of a pullback still looms
large at present levels. For bears to recapture any momentum, a close below the
50-dma is needed, opening 151.62 and the 151.11 mark beyond.

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