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(H9) Capped Ahead of Week's High *RES.....>

JGB TECHS
JGB TECHS: (H9) Capped Ahead of Week's High
*RES 3: 154.01 - 28 July 2016
*RES 2: 152.89 - 76.4% 154.01-149.28
*RES 1: 152.99 - Jan4 High
*PRICE: 152.60 @ 16:20 GMT, Jan24
*SUP 1: 152.11 - 23.6% 149.75 - 152.84
*SUP 2: 151.33 - 50-DMA
*SUP 3: 150.79 - 100-DMA
152.65 remains the initial target for bulls, marking last week's highs and the
best levels since January 8th. Above there, bulls need to clear the 50%
retracement level for the 152.99-152.31 move at 152.65 and a climb through here
may trigger the momentum required to see prices retest the year's best levels.
To the downside, bears target downside levels at 152.11, the 23.6% retracement
of the 149.75-152.84 move.

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