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12th July - Watch the Yen Bonds go bid

12 July 2012

TECHNICALS:

JGB  WEEKLY CONTINUATION CHART

Having tried to drive down beneath the support from the prior highs 143.07 and 143.37 – and bounced the market’s momentum is propelling it through the recent High 144.31.

This in turn will provide additional support beneath the market…

JGB DAILY BAR CHART

And here is the catalyst for the recent move.

A completed continuation triangle, set to drive the market up as far as 144.80.

Minimum.

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