JPN225 has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 27475.4527 may materialize within the next 5 hours.
ARTÍCULOS RELACIONADOS
Could a large bullish move on CAC 40 be a sign of things to come?
CAC 40 has experienced an extremely big movement in last 22 days. It may continue the trend, but…
A Rising Wedge has formed, US 500 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
The movement of US 500 towards the resistance line of a Rising Wedge is yet another test of…
After trying numerous times in the past, NAS 100 finally breaks 19225.2773!
A strong resistance level has been breached at 19225.2773 on the 4 hour NAS 100 chart. Technical Analysis…