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A quick move expected on JPN225 as it starts approaching a resistance line of a Rising Wedge

JPN225 is heading towards the resistance line of a Rising Wedge and could reach this point within the next 9 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 levels.

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Important resistance line being approached by SPX500. This price has been tested numerous time in the last 5 days

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EUR/CAD Target Level: 1.5095

EUR/CAD Target Level: 1.5095

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