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JPN225 – approaching a price line that has been previously tested numerous times in the past

JPN225 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 17 days and may test it again within the next 3 days.

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We expect a 0 pip movement on 6S for the next 4 hours.

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After experiencing a 10.26% bearish move in the space of 37 days, nobody knows where 3m Co. is headed.

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