By
Jason Sen |
Bonds | 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.
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