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Big movement expected on JPN225 after a breach of 20625.0000

JPN225 has broken through a line of 20625.0000 and suggests a possible movement to 20913.0000 within the next 4 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 24 days.

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We expect a $130.904 movement on KC within 2 hours following the event release at 30 Aug 09:00.

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Important price line breached by AUD/USD. This price has been tested numerous times before.

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