(M0): Stable for Now *RES 3: 156.02 -.....>

JGB TECHS: (M0): Stable for Now

*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: 152.19 @ 15:44 BST, Apr 17

*SUP 1: 150.70 - 1.0% 10-dma envelope

*SUP 2: 150.61 - Low Mar 19

*SUP 3: 150.00 - Psychological round number

JGB futures remain within the recent range, doing little to alter the technical

outlook. A break north of the Mar 16 high at 153.50 will be needed to switch the

outlook more positive. Downside pressure was recently cemented with the break of

the recent 151.52 low, which opens 150.61 next as well as the psychological

150.00 handle further out. On the upside, initial resistance is seen at 153.50,

Mar 16 high.