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(Z18) Fresh Cycle Highs *RES 3: 152.43....>

JGB TECHS
JGB TECHS: (Z18) Fresh Cycle Highs
*RES 3: 152.43 - High Sep 28 2016
*RES 2: 152.20 - 61.8% 154.00-149.28
*RES 1: 152.04 - High Nov 9 2016
*PRICE: 151.51 @ 16:12 GMT, Dec 5
*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)
151.75 becomes the high watermark, with spillover buying from the US and
Australia helping extend the recent JGB winning streak. Fib resistance ahead of
151.64 was taken out with little fanfare, helping keep markets on track to
target prices north of 152.00. Bullish momentum remains on the front foot with
bulls now targeting the November 9 2016 highs at 152.04. Technical indicators
continue to point higher, with the longer-term targets holding in the mid-152s.
Key support next kicks in at the 200- and 100-dmas at 150.68 and 150.51.

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