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(U9) Recent Highs Hold as Bullish.........>

JGB TECHS
JGB TECHS: (U9) Recent Highs Hold as Bullish Target
*RES 3: 154.01 - Jul 28 2016 high
*RES 2: 153.34 - Mar28 High
*RES 1: 153.24 - Weekly high
*PRICE: 153.17 @ 17:00 BST, Jun 4
*SUP 1: 152.51 - 2% Lower Bollinger Band
*SUP 2: 152.33 - 6 March Low
*SUP 3: 151.97 - 38.2% 149.75 - 153.34
Bulls will have taken some confidence from JGBs' ability to close and hold above
the 153 handle this week, keeping topside targets static at the recent cycle
highs of 153.24. Above there opens the 153.34 level, marking the late March
highs. Bears need to clear the 2% lower Bollinger Band to trigger any down-move
(152.51), before targeting the March 6 low at 152.33.

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