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(M18) Above 150.52 To Gain Breathing......>

JGB TECHS
JGB TECHS: (M18) Above 150.52 To Gain Breathing Room
*RES 4: 151.03 - High Apr 12
*RES 3: 150.95 - Low Apr 12 now resistance
*RES 2: 150.84 - 55-DMA
*RES 1: 150.81 - 21-DMA
*PRICE: 150.79 @ 2130GMT
*SUP 1: 150.70 - Alternating daily support/resistance 
*SUP 2: 150.67 - 200-DMA 
*SUP 3: 150.52 - Alternating daily support/resistance 
*SUP 4: 150.39 - Monthly Low Apr 26
*COMMENTARY: Dips back towards 150.36 were aggressively reversed and combined
with daily studies correcting from O/S has seen pressure return to where 21 &
55-DMAs are located. Bulls need a close above the 55-DMA to end bearish hopes
and shift initial focus back to 150.95-151.06. Bears continue to look for a
close below 150.36 to shift immediate focus to tests of 2018 lows. Fresh 2018
lows then target the 200-WMA. (149.55).

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