By Jason Sen
| Jan 29, 2013 06:35AM GMT |
JGB’s stuck in a range above 144.21/19 support and below last week’s high of 144.57/58 is resistance so this needs to be beaten for a move towards 144.71, possibly 144.83. A push through here would then allow a closing of the gap up to 145.14.
Support at 144.23/20 of course, but a break below here targets 144.02-143.95. Take profit on any shorts here as it is unlikely we see the market any lower today. However if we do see further weakness look for 143.85 then 143.67/63 for an excellent buying opportunity.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.