A Rising Wedge pattern was identified on Nikkei 225 at 38953.0, creating an expectation that it may move to the resistance line at 39138.0000. It may break through that line and continue the bullish trend or it may reverse from that line.
Nikkei 225 is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
