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(M9) 50-dma Support Retained *RES 3:......>

JGB TECHS
JGB TECHS: (M9) 50-dma Support Retained
*RES 3: 154.01 - 28 July 2016 High
*RES 2: 153.80 - 29 August 2016 High
*RES 1: 153.00 - Up trendline Resistance
*PRICE: 152.81 @ 15:40 GMT, Mar 19
*SUP 1: 152.70 - 50-DMA
*SUP 2: 152.41 - 6 March Low
*SUP 3: 152.02 - 100-DMA
JGB futures went nowhere fast in the Tuesday session, keeping the broader
technical picture unchanged for now. Up trendline resistance at 153.00 remains
the first target for bulls, who need to recover above here to regain momentum
that has petered out slightly over the past fortnight. Any recovery above the
mark opens 153.80 in the medium-term and the 28 July 2016 high at 154.01. To the
downside, the 23.6% retracement level at 152.23 remains in view, but the 100-dma
sits just below at 152.02.

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