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(U0): Decent Uptrend Established *RES.....>

JGB TECHS
JGB TECHS: (U0): Decent Uptrend Established
*RES 3: 153.50 - High Mar 16
*RES 2: 153.06 - High Mar 31 and key resistance
*RES 1: 152.49 - HIgh Jul 16
*PRICE: 152.45 @ 16:41 BST, Jul 16
*SUP 1: 151.18 - Jun 8 low
*SUP 2: 150.61 - Low Mar 19 and key support
*SUP 3: 150.50 - 1.0% 10-dma envelope
JGBs traded from strength to strength, cementing the decent uptrend posted since
the early July low. This secures the 152 handle and narrows the gap with the
200-dma at 152.80 as well as the longer-term target of 153.06. A close above the
100-dma at 152.47 would add to the bullish case. Key supports for now has been
defined at 152.11.

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