JGB Technical Assessment: Momentum Weekly Bearish

With a break below 150.00, which lead the price to 149.00 followed by 148.00 further out. The pair may stall around the price 150.00. Back above 152.00 will force to revalue.

Analysis Bias

1-Week Objective: DOWN to 149.00 Conviction: Strong

4-Week Objective: DOWN to 147.00 Conviction: Weak

Resistance 3:                   153.000 **

Resistance 2:                   152.000 **

Resistance 1:                   151.500 **

05-Jan                               LAST   150.100

Support 1:                        149.000 *

Support 2:                        148.000 *

Support 3:                        147.000 **