JPN225 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 24 days and suggests a target line to be around 23523.5000 within the next 2 days.
Related Posts
Breach of 8696.5000 could mean a start of a bearish trend on ASX 200
ASX 200 has broken through a support line. Because we have seen it retrace from this price in…
ASX 200 formed a Channel Up on the 1 hour chart. Retest of support in sight.
ASX 200 is heading towards the support line of a Channel Up. If this movement continues, the price…
DAX 40 seems to be on its way to resistance – a possible opportunity?
The price of DAX 40 in heading back to the resistance area. It is possible that it will…