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(U17) Layers Of Resistance 150.27-49 .....>

JGB TECHS
JGB TECHS: (U17) Layers Of Resistance 150.27-49 
*RES 4: 150.48 - 100-DMA
*RES 3: 150.34 - 55-DMA
*RES 2: 150.33 - High July 25
*RES 1: 150.27 - High July 27
*PRICE: 150.24 @ 2130GMT
*SUP 1: 150.11 - Low Aug 2 
*SUP 2: 150.08 - 21-DMA 
*SUP 3: 150.06 - Low July 20 
*SUP 4: 150.03 - Low July 18
*COMMENTARY: Support emerging ahead of the 21-DMA and key 150.03-08 support
region sees focus back on layers of resistance 150.27-49 where key DMAs and the
daily bear channel top are situated. Bulls need a close above the 200-DMA to
confirm a bullish bias and shift immediate focus to 150.67. Bears continue to
look for a close below 150.03 to confirm a break of the 21-DMA and shift focus
back to 149.65.

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