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

JGB TECHS
JGB TECHS: (H18) Above 200-DMA To Ease Bearish Pressure 
*RES 4: 150.84 - 2018 High Jan 4
*RES 3: 150.77 - 55-DMA
*RES 2: 150.63 - 200-DMA
*RES 1: 150.56 - High Jan 15
*PRICE: 150.40 @ 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: The recovery from 2018 low so far has remained capped ahead of the
200-DMA and the 150.61-84 resistance region as a whole. Bulls need a close above
the 200-DMA to ease immediate bearish pressure. A close above 150.84 is then
needed to shift focus to 151.01-21. The 150.30 support is key this week. Bears
need a close below this level to reconfirm focus on 150.06-08.

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