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(M9) Little Change Following Golden.......>

JGB TECHS
JGB TECHS: (M9) Little Change Following Golden Week
*RES 3: 153.34 - Mar28 High
*RES 2: 153.01 - Apr11 High
*RES 1: 152.94 - 38.2% 153.34 - 152.70
*PRICE: 152.80 @ 14:14 BST, May 7
*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
Ahead of the Golden Week holidays, JGB bulls appeared in control and they've
picked up where they left off, helping nudge prices just north of the 50-dma at
152.79. To the upside, 152.94 Fib resistance is the first target, followed by
the Mar28 high at 153.01. A break below the 100-dma at 152.59 will be needed to
re-assert any bearish outlook.

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