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(H0): New Highs Shortlived *RES 3:........>

JGB TECHS
JGB TECHS: (H0): New Highs Shortlived
*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: 152.07 @ 16:56 GMT, Jan 07
*SUP 1: 151.62 - Contract lows, Dec 20
*SUP 2: 151.11 - 76.4% retracement of August 2018 - September 2019 Rally
*SUP 3: 150.53 - 1.0% lower 10-dma envelope
In the second session of 2020, JGBs provided few new technical signals,
respecting the range and holding well below the opening gap higher at 152.62.
This keeps the underlying trend bearish and the focus is on an eventual break of
151.62 to open 151.48 and 151.18, 0.764 and 1.00 Fibonacci projection levels of
the decline between Dec 4 - Dec 10 from the Dec 11 high, ahead of the 151.11
Fibonacci retracement level.

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