Free Trial

(Z2) Support Remains Exposed

  • RES 3: 152.26 - High Dec 7 / 21 2021
  • RES 2: 151.13 - High Mar 3
  • RES 1: 150.81 - High Aug 5
  • PRICE: 148.42 @ 15:49 BST Sep 19
  • SUP 1: 148.11 - Low Sep 7
  • SUP 2: 147.07 - Low Jun 20
  • SUP 3: 145.05 - Low Jun 16 and a key support

JGBs remain below the Sep 14 high and the pullback keeps prices off the first resistance at the well-defined parameter of 150.81, the Aug 5 high. A continuation lower would expose support at 148.11, the Sep 7 low where a break would confirm a resumption of the current bear cycle and signal scope for a move towards 147.07, the Jun 20 low. Gains above 150.81 are required to reinstate a broader bullish theme.

MNI London Bureau | +44 203-865-3809 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.