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(Z2) Improves Off Lower Level

JGB TECHS
  • RES 3: 152.26 - High Dec 7 / 21 2021
  • RES 2: 151.13 - High Mar 3
  • RES 1: 150.81 - High Aug 5
  • PRICE: 149.48 @ 14:52 GMT Nov 11
  • SUP 1: 147.38 - Low Oct 21
  • SUP 2: 147.07 - Low Jun 20
  • SUP 3: 145.05 - Low Jun 16 and a key support

JGB futures traded solidly into the Friday close, working against the previous bearish primary trend direction. Key resistance has been defined at 150.81, the Aug 5 high where a break is required to suggest a stronger reversal. A reversal lower would signal a resumption of the primary downtrend and this would open 147.07, the Jun 20 low (cont).

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  • RES 3: 152.26 - High Dec 7 / 21 2021
  • RES 2: 151.13 - High Mar 3
  • RES 1: 150.81 - High Aug 5
  • PRICE: 149.48 @ 14:52 GMT Nov 11
  • SUP 1: 147.38 - Low Oct 21
  • SUP 2: 147.07 - Low Jun 20
  • SUP 3: 145.05 - Low Jun 16 and a key support

JGB futures traded solidly into the Friday close, working against the previous bearish primary trend direction. Key resistance has been defined at 150.81, the Aug 5 high where a break is required to suggest a stronger reversal. A reversal lower would signal a resumption of the primary downtrend and this would open 147.07, the Jun 20 low (cont).