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After testing the resistance line numerous times, Nikkei 225 is once again approaching this line. Can we expect a bullish trend to follow?

Nikkei 225 is heading towards the resistance line of a Channel Down. If this movement continues, the price of Nikkei 225 could test 37866.0333 within the next 6 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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