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AUDUSD TECHS

New Weekly Lows

EURJPY TECHS

Needle Still Points North

GILT TECHS

(M1) Key Support Zone Exposed

SCHATZ TECHS

(M1) Clears Congestion Support

BTP TECHS

(M1) Downtrend Extends Further

JGB TECHS
JGB TECHS: (M9) Hovering Above 100-DMA
*RES 3: 153.34 - Mar28 High
*RES 2: 152.94 - 38.2% 153.34 - 152.70
*RES 1: 152.79 - 50-DMA
*PRICE: 152.59 @ 15:54 BST, Apr 23
*SUP 1: 152.33 - 6 March Low
*SUP 2: 152.03 - 3% Lower Bollinger Band
*SUP 3: 151.97 - 38.2% 149.75 - 153.34
JGBs continued to trade with low volatility, but the short-term momentum appears
to remain (just) with the bulls as markets continue to hover above the 100-dma,
which becomes the first target for bears. To the upside, bulls need to reclaim
the 50-dma at 152.79 to gain a stronger foothold as bears look to take out last
week's lows at 152.32 before the 3% lower Bollinger Band at 152.04, which would
indicate a more solid bearish breakout. BoJ's quarterly outlook report due this
week provides the next catalyst.