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(M9) 50-dma Faces Sternest Test Yet.......>

JGB TECHS
JGB TECHS: (M9) 50-dma Faces Sternest Test Yet
*RES 3: 154.01 - 28 July 2016 High
*RES 2: 153.80 - 29 August 2016 High
*RES 1: 153.34 - Mar28 High
*PRICE: 152.83 @ 15:57 GMT, Apr 4
*SUP 1: 152.80 - 50-DMA
*SUP 2: 152.41 - 6 March Low
*SUP 3: 152.29 - 100-DMA
The 50-dma had its firmest test of the year Thursday, with JGB prices dipping
below the mark on an intraday basis. A close below here will re-affirm the
bearish argument, opening a move toward the March 6 low at 152.41 and the
100-dma below at 152.29. For bulls to regain any poise, 153.34 becomes the first
target ahead of 153.80.

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