JPN225 is heading towards a price line of 23625.0000 and could reach this point within the next 19 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
A Rising Wedge has formed, NAS 100 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
NAS 100 is approaching the resistance line of a Rising Wedge. It has touched this line numerous times…
US 500 has broken through a level it has tested 4 times in the recent past.
US 500 has broken through a resistance line. Because we have seen it retrace from this price in…
Will DAX 40 break through the resistance level it tested before?
DAX 40 is about to retest a key horizontal resistance level near 20029.5996. It has tested this level…