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FOREX

China Data In Awaited

JAPAN DATA

Japan May Exports +49.6% Y/Y; 3rd Monthly Rise

US TSYS

Flat Start

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: 152.09 @ 15:58 GMT, Jan 10
*SUP 1: 151.62 - Contract lows, Dec 20
*SUP 2: 151.11 - 76.4% retracement of August 2018 - September 2019 Rally
*SUP 3: 150.54 - 1.0% lower 10-dma envelope
JGBs pressured the lower end of the 2020 range Wednesday after an opening gap
higher was quickly reversed into the close. This leaves the outlook rather weak,
highlighting support at 151.62. A break of which could open 151.48 and 151.18,
the 0.764 and 1.00 Fibonacci projection levels of the decline between Dec 4 -
Dec 10 from the Dec 11 high. This all comes ahead of the 151.11 Fibonacci
retracement.