(H18) Bulls Need Close Above 150.46 ......>

JGB TECHS: (H18) Bulls Need Close Above 150.46 

*RES 4: 150.56 - High Jan 15

*RES 3: 150.46 - High Jan 26

*RES 2: 150.44 - 21-DMA

*RES 1: 150.38 - Hourly support Jan 26 now resistance

*PRICE: 150.31 @ 2030GMT

*SUP 1: 150.27 - Hourly support Jan 31 

*SUP 2: 150.12 - 2018 Low Jan 30 

*SUP 3: 150.08 - Monthly Low Oct 3 

*SUP 4: 150.06 - Low July 20

*COMMENTARY: The recovery from 2018 lows has remained capped ahead of the 21-DMA

with bulls now needing a close above 150.46 to ease bearish pressure. Above the

200-DMA (150.63) is needed to hint at a shift higher in focus with above 150.84

to target 151.19 Nov highs. Bears focus on a the close below 150.06 needed to

add weight to the case for a move targeting the 200-WMA (149.22).