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(Z9) Somewhat stabilises *RES 3: 159.37...>

JGB TECHS
JGB TECHS: (Z9) Somewhat stabilises
*RES 3: 159.37 - Multi-year Up trendline Resistance
*RES 2: 155.65 - 3.0% Upper Bollinger Band
*RES 1: 155.53 - Cycle High
*PRICE: 154.96 @ 14:41 GMT, Sep 6
*SUP 1: 154.86 - Weekly low
*SUP 2: 154.31 - 50-dma
*SUP 3: 153.68 - 100-dma
The retreat from this week's cycle highs up at 155.51 is testament to market
that can turn south quickly, with the decline below the Fib support at 154.99
worsening the outlook materially. This brings support at the 50-dma at 154.28
into view should 154.67 fail to hold. For bulls to regain the upper hand, upside
momentum must pick up and challenge 155.51 cycle highs and the volatility band
resistance above at 155.65.

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