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(M0): Firm to Firmer *RES 3: 156.02 -.....>

JGB TECHS
JGB TECHS: (M0): Firm to Firmer
*RES 3: 156.02 - High Mar 10 and key resistance
*RES 2: 154.56 - High Mar 13
*RES 1: 153.50 - High Mar 16
*PRICE: 152.73 @ 16:17 BST, Apr 24
*SUP 1: 150.70 - 1.0% 10-dma envelope
*SUP 2: 150.61 - Low Mar 19
*SUP 3: 150.00 - Psychological round number
JGBs traded well for a second session Friday, narrowing the gap with the first
upside target at 153.50. Further reports that the BoJ could consider unlimited
bond buying continue to support, making a further upside break a stronger
prospect. Targets remain at 153.50 initially ahead of 154.56. To the downside,
targets sit at the 151.52 low, which opens 150.61 next as well as the
psychological 150.00 handle further out.

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