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(H0): Mini Uptrend Still Underway *RES....>

JGB TECHS
JGB TECHS: (H0): Mini Uptrend Still Underway
*RES 3: 153.55 - High Nov 28 and key resistance
*RES 2: 153.11 - High Dec 4
*RES 1: 152.62 - High Jan 6
*PRICE: 152.44 @ 16:09 GMT, Jan 24
*SUP 1: 151.62 - Contract lows, Dec 20
*SUP 2: 151.11 - 76.4% retracement of August 2018 - September 2019 Rally
*SUP 3: 150.52 - 1.0% lower 10-dma envelope
Having topped Fib resistance earlier this week, markets flatlined into the
Friday close but look to secure the first close above the 50-dma since October
last year. This counters the bearish signals in present over the past fortnight
or so, shifting focus to the late November highs and the 200-dma. The first
hurdle sits at the Jan 6 high at 152.62. To the downside, bears could gain a
firmer footing on a move through the 152.00 handle.

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