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Big movement expected on JPN225 after a breach of 23235.0000

JPN225 has broken through a line of 23235.0000 and suggests a possible movement to 23022.5000 within the next 2 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 9 days.

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We expect BZ to trend upwards today with a 71.43% chance.

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We expect USDCAD to trend upwards with a 66.67% chance.

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