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Big movement expected on JPN225 after a breach of the support

JPN225 has broken through a support line of a Channel Up and suggests a possible movement to 23203.8552 within the next 2 days. 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 7 days.

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After testing 0.6335 numerous times, NZD/USD is once again approaching this price point. Can we expect a bearish trend to follow?

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