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(U9) Upside extends *RES 3: 154.01 -......>

JGB TECHS: (U9) Upside extends
*RES 3: 154.01 - Jul 28 2016 high
*RES 2: 153.83 - 2.0% Upper Bollinger Band
*RES 1: 153.74 - Cycle High
*PRICE: 153.71 @ 16:39 BST, Jun 18
*SUP 1: 153.40 - 23.6% 152.32 - 153.74
*SUP 2: 152.72 - 2% Lower Bollinger Band
*SUP 3: 152.33 - 6 March Low
JGB futures edged higher still Tuesday, riding the wave of the global bond rally
and nudging topside targets higher to 158.83 and the Jul 28 2016 high at 154.01.
Bulls need to crack above the 153.74 mark before challenging here again, with
the Fed outlook now critical. The RSI has proved a successful indicator of late,
which is creeping back into overbought territory at writing, suggesting we may
be overdue a pause. The outlook will worsen should bears take out the 50-dma
support at 152.94.

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