Nikkei 225 is moving towards a support line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If Nikkei 225 continues in its current trajectory, we could see it reach 38714.1667 within the next 15 hours.
After testing the support line numerous times, Nikkei 225 is once again approaching this line. Can we expect a bearish trend to follow?
