(Z17) Decline Heading For Test To.........>

JGB TECHS: (Z17) Decline Heading For Test To 150.59-150.57 Support

*RES 4:  151.00 Hourly recovery high Nov 9

*RES 3:  150.89 Nov 9 low, now resistance

*RES 2:  150.79 Hourly highs Nov 10

*RES 1:  150.72 Hourly resistance

*PRICE:  150.63 @ 2222GMT

*SUP 1:  150.57/59 76.4% of 150.42-151.07, Oct 6 high  

*SUP 2:  150.53 Nov 1 high, now support

*SUP 3:  150.42/46 Nov 1 low, 61.8% Fibo of 150.08-151.07

*SUP 4:  150.29/31 Daily lows mid October, 76.4% Fibo

*COMMENTARY* Gapped lower last Friday, following the week's earlier challenge to

the 76.4% Fibo retrace level at 151.07. A low of 150.61 so far, as we initially

give back some of the gains made from this month's earlier 150.42 base. Any

lower and look to the 150.59-150.57 area for next support. Meanwhile, nearest

resistance falls 150.72, back above here currently needed for some near term

respite.