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Big movement expected on JPN225 after a breach of the resistance

JPN225 has broken through a resistance line of a Triangle and suggests a possible movement to 23483.8824 within the next 7 hours. It has tested this line 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 23 hours.

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Important price line breached by Lean Hogs DECEMBER 2020. This price has been tested numerous times before.

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Resistance line breached by GER30. This price has been tested at least twice before.

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