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(U9) Mini-rally still in tact *RES 3:.....>

JGB TECHS
JGB TECHS: (U9) Mini-rally still in tact
*RES 3: 154.16 - 3.0% Upper Bollinger Band
*RES 2: 153.85 - Broken Trendline Resistance
*RES 1: 154.13 - Cycle High
*PRICE: 153.71 @ 15:56 GMT, Jul 24
*SUP 1: 153.44/32 - 50-dma/Weekly Low
*SUP 2: 153.15 - 61.8% 152.54 - 154.13
*SUP 3: 153.11 - 100-dma
JGBs rose further still Wednesday, adding to the week's gains and keeping the
recent recovery alive. Bulls face their first test at 153.82, the 61.8%
retracement of the June-July pullback and a rally north of here will re-open
cycle highs. To the downside, the 50-dma remains a decent level of support,
which will be the first target for bears. A close below that mark will switch
the medium-term trend more bearish, opening the 153.15 mark and 153.11 below.

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