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(Z9) Crushes Support *RES 3: 155.53 -.....>

JGB TECHS
JGB TECHS: (Z9) Crushes Support
*RES 3: 155.53 - Cycle High
*RES 2: 155.38 - 1.0% Upper Bollinger Band
*RES 1: 155.25 - Sep 9 High
*PRICE: 153.65 @ 15:23 GMT, Sep 16
*SUP 1: 153.49 - Aug 2 Low
*SUP 2: 153.23 - 1.0% 10-dma envelope
*SUP 3: 153.11 - 200-dma
JGBs found little support Monday, falling despite a more buoyant global bond
market. This suggests the recent downtick will likely be sustained, opening
early August lows at 153.49 and Vol band support at 153.23. The 100-dma has now
cracked, shifting longer-term focus to the 200-dma at 153.11. 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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