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(Z0) Equals Last Week’s High

JGB TECHS
  • RES 3: 152.55 - High Aug 5 (cont)
  • RES 2: 152.36- 3.0% Upper Bollinger Band
  • RES 1: 152.29 - High Sep 24 and the bull trigger
  • PRICE: 152.14 @ 16:23 BST Nov 17
  • SUP 1: 151.72 - Low Nov 10
  • SUP 2: 151.54 - Low Sep 7
  • SUP 3: 151.43 - Low Sep 1

JGBs extended the bounce off the weekly lows of 151.72 last week, equalling the Nov 11 high of 152.15. An extension through here opens the late September high (and bull trigger) at 152.29, with vol band resistance just above. Should markets return lower, 151.54 is the first target, last seen at the beginning of September.

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