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(Z0): Resumes Trade Tilted Higher

JGB TECHS
  • RES 3: 152.50 - 1.000 proj of Aug 4 - Sep 28 rally from the Sep 7 low
  • RES 2: 152.48 - 3.0% Upper Bollinger Band
  • RES 1: 152.29 - High Sep 24
  • PRICE: 152.19 @ 16:04 BST Sep 24
  • SUP 1: 151.54 - Low Sep 7 and key near-term support
  • SUP 2: 151.43 - Low Sep 1
  • SUP 3: 151.20 - Low Aug 28
JGBs resumed trade to continue their September uptrend, with prices now solidly above 152.00. Upside targets are buoyed up to 152.48 and 152.50, which look achievable over a short-term time frame. On the downside, key short-term support has been defined at 151.54.

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