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

JGB TECHS
JGB TECHS: (M9) Bounces Off 50-dma Support
*RES 3: 154.01 - 28 July 2016 High
*RES 2: 153.80 - 29 August 2016 High
*RES 1: 153.34 - Mar28 High
*PRICE: 153.19 @ 16:15 GMT, Apr3
*SUP 1: 152.79 - 50-DMA
*SUP 2: 152.41 - 6 March Low
*SUP 3: 152.25 - 100-DMA
Having been tested multiple times across March, the 50-dma was tested and held
again Wednesday, re-affirming the level as key support going forward. A break
below here would open the 23.6% retracement level at 152.23 and the 100-dma just
below at 152.25. For bulls to regain any poise, 153.34 becomes the first target
ahead of 153.80.

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