Nikkei 225 has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 10 days and suggests a possible target level to be around 39361.7657 within the next 2 days.
After testing resistance twice in the past, Nikkei 225 has finally broken through. Can we expect a bullish trend to follow?
