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(U0): Bouncing, But Weak *RES 3: 154.56...>

JGB TECHS
JGB TECHS: (U0): Bouncing, But Weak
*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: 151.95 @ 18:24 BST, Jun 10
*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
JGB took another leg lower amid a global bond sell-off Friday, exposing levels
not seen since March. The range breakout works in favour of bears, with 50% Fib
retracement giving way in the process. 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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