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(M9) Holds Above 50-dma *RES 3: 153.80....>

JGB TECHS
JGB TECHS: (M9) Holds Above 50-dma
*RES 3: 153.80 - 29 August 2016 High
*RES 2: 153.34 - Mar28 High
*RES 1: 152.94 - 38.2% 153.34 - 152.70
*PRICE: 152.95 @ 16:44 BST, Apr 9
*RES 1: 152.81 - 50-DMA
*SUP 2: 152.57 - 76.4% 152.33 - 153.34
*SUP 3: 152.33/36 - 6 March Low/100-DMA
JGB futures held above the 50-dma Tuesday, pointing near-term impetus higher and
keeping the 153.34 print from two weeks ago well within range. Firstly, however,
bulls target 152.94 and 153.02 before recent cycle highs of 153.34 are in play.
Markets may find some support at the 76.4% Fib retracement for the 152.33 -
153.34 move at 152.57.

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