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(U0): 50-dma in Sight *RES 3: 154.56 -....>

JGB TECHS
JGB TECHS: (U0): 50-dma in Sight
*RES 3: 154.56 - High Mar 13
*RES 2: 153.50 - High Mar 16
*RES 1: 153.06 - High Mar 31 and key resistance
*PRICE: 152.18 @ 16:35 BST, Jun 15
*SUP 1: 151.06 - Low Mar 24
*SUP 2: 150.61 - Low Mar 19 and key support
*SUP 3: 150.46 - 1.0% 10-dma envelope
JGBs rallied well over the week, with 10y futures headed into the Friday close
near the best levels but just shy of the 50-dma at 152.27. A rally through here
would be bullish, targeting 153.06 initially. Key supports are few and far
between until 151.06, but more importantly 150.61, which marks the March
sell-off low.

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