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(Z18) 2017 Highs In Focus *RES 4:.........>

JGB TECHS
JGB TECHS: (Z18) 2017 Highs In Focus
*RES 4: 152.20 - 61.8% 154.00-149.28
*RES 3: 152.04 - Nov 9 2016 High
*RES 2: 151.64 - 50% 154.00-149.28
*RES 1: 151.51 - High Sep 8 2017
*PRICE: 151.31 @ 16:32 GMT, Nov 29
*SUP 1: 150.47/33 - 100-/50-DMA
*SUP 2: 149.75 - Spike Low Aug 2
*SUP 3: 149.65 - Spike Low Jul 7, 17 (Continuation chart)
*SUP 4: 149.38 - Spike Low Dec 2, 16 (Continuation chart)
The pause Wednesday proved temporary, with JGBs surging higher across the curve
in sympathy with Treasuries Thursday, bringing 2017 highs of 151.51 into view.
Bullish momentum is comfortably on the front foot with bulls now targeting the
50% retracement of the 154.00-149.28 move at 151.64. Technical indicators
continue to point higher, with the longer-term targets holding just above
152.00. Key support next kicks in at the 200- and 100-dmas at 150.67 and 150.49.

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