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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 8 days and may test it again within the next 2 days.

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We expect DC to trend upwards today with a 72.73% chance.

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We expect a 4,120 pip movement on RTY within 2 hours following the event release.

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