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(H18) Above 200-DMA To Ease Bearish.......>

JGB TECHS: (H18) Above 200-DMA To Ease Bearish Pressure 
*RES 4: 150.84 - 2018 High Jan 4
*RES 3: 150.77 - 55-DMA, 100-DMA
*RES 2: 150.63 - 200-DMA
*RES 1: 150.54 - High Jan 11
*PRICE: 150.37 @ 2030GMT
*SUP 1: 150.30 - 2018 Low Jan 10 
*SUP 2: 150.19 - Low Oct 23 
*SUP 3: 150.08 - Monthly Low Oct 3 
*SUP 4: 150.06 - Low July 20
*COMMENTARY: Having remained capped around the 21-DMA the past couple of weeks
has taken its toll with a sell-off and bearish close Tuesday that sees focus
back on layers of support 150.06-19 where monthly lows are situated. Daily
studies have room to move before O/S is an issue. The 200-DMA remains key
resistance with bulls needing a close above this level to ease immediate bearish
pressure and above 150.84 to shift focus to 151.01-21.

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