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(M9) Waiting for Cues *RES 3: 153.34 -....>

JGB TECHS: (M9) Waiting for Cues
*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 @ 16:36 BST, May 8
*SUP 1: 152.33 - 6 March Low
*SUP 2: 152.23 - 3% Lower Bollinger Band
*SUP 3: 151.97 - 38.2% 149.75 - 153.34
JGB futures returned with little fanfare following the extended Golden Week
holidays and that remained the case Wednesday. This keeps JGB bulls in control
for now, with prices holding 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 152.61 will be needed to re-assert any bearish

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