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(U9) Holds up well *RES 3: 158.42 -.......>

JGB TECHS
JGB TECHS: (U9) Holds up well
*RES 3: 158.42 - Multi-year Up trendline Resistance
*RES 2: 155.94 - 3.0% Upper Bollinger Band
*RES 1: 155.03 - Cycle High
*PRICE: 154.94 @ 1831 GMT, Aug 22
*SUP 1: 154.44 - 38.2% 154.44 - 155.02
*SUP 2: 153.98 - 50-dma
*SUP 3: 153.44 - 100-dma
JGB futures equalled recent highs up at 155.03 Wednesday, but markets were
unable to sustain the gains and quickly retreated. There has been little in
Thursday's price action to change the positive outlook, which will only change
on a break and close below Fib support at 154.44, which would work in favour of
bears, before challenging the 50-dma and the mid-May lows of 152.69. 

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