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(H9) Break of Trendline Support Ushers....>

JGB TECHS
JGB TECHS: (H9) Break of Trendline Support Ushers in Lower Lows
*RES 3: 154.01 - 28 July 2016
*RES 2: 152.99 - Jan4 High
*RES 1: 152.83 76.4% 152.99 - 152.31
*PRICE: 152.69 @ 15:57 GMT, Feb 7
*SUP 1: 152.20 - 50-DMA
*SUP 2: 152.11 - 23.6% 149.75 - 152.84
*SUP 3: 151.31 - 100-DMA
JGBs regained some poise Thursday, putting a re-test of the week's best levels
at 152.90 on the cards. YTD highs of 152.99 sit just beyond, with the 76.4% Fib
of the 152.99-152.31 move at 152.83 one of the few levels of resistance. For
bears to re-initiate any downside, next support kicks in at 152.11, marking the
23.6% Fib retracement for the 149.75-152.84 move.

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