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(Z9) 50-dma support folds *RES 3:.........>

JGB TECHS
JGB TECHS: (Z9) 50-dma support folds
*RES 3: 155.53 - Cycle High
*RES 2: 155.36 - 1.0% Upper Bollinger Band
*RES 1: 155.25 - Sep 9 High
*PRICE: 153.88 @ 15:33 GMT, Sep 12
*SUP 1: 153.84 - 76.4% 153.32-155.53
*SUP 2: 153.77 - 100-dma
*SUP 3: 153.25 1.0% 10-dma envelope
JGBs succumbed to the pressure at the tail-end of the week, with bears managing
to press prices through the well held support at the 154.37 50-dma. This opens
the 100-dma next at 153.77 but the real test comes at the early August lows of
153.49. For bulls to regain the upper hand, upside momentum must pick up and
challenge the 155-00 handle again, before September's best levels can be
considered.

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