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(Z9) Accelerates on break of congestion...>

JGB TECHS
JGB TECHS: (Z9) Accelerates on break of congestion resistance
*RES 3: 159.37 - Multi-year Up trendline Resistance
*RES 2: 155.85 - 3.0% Upper Bollinger Band
*RES 1: 155.51 - Cycle High
*PRICE: 155.32 @ 15:11 GMT, Sep 2
*SUP 1: 154.99 - 23.6% 153.32 - 155.51
*SUP 2: 154.23 - 50-dma
*SUP 3: 153.62 - 100-dma
After being held back by congestion resistance layered at around the previous
cycle high, JGB futures accelerated gains Tuesday, breaking higher to touch
155.51. This opens volatility band resistance at 155.85, with resistance scant
above there. Support remains at 154.87, but a break and close below Fib support
at 154.44 would be needed to favour the bears.

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