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(M9) Stuck in Neutral *RES 3: 153.34 -....>

JGB TECHS: (M9) Stuck in Neutral
*RES 3: 153.34 - Mar28 High
*RES 2: 153.01 - Apr11 High
*RES 1: 152.85 - 76.4% 153.01 - 152.32
*PRICE: 152.80 @ 15:22 BST, May 16
*SUP 1: 152.42 - 2% Lower Bollinger Band
*SUP 2: 152.33 - 6 March Low
*SUP 3: 151.97 - 38.2% 149.75 - 153.34
After eight consecutive sessions either side of the 50-dma, JGB futures looked
slightly higher Thursday, but there are no signs of a bullish breakout just yet.
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 152.67 will be needed to re-assert
any bearish outlook.

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