The movement of JPN225 towards the support line of a Channel Down is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
DAX 40 – approaching a resistance line that has been previously tested at least twice in the past
DAX 40 is heading towards the resistance line of a Falling Wedge and could reach this point within…
Will ASX 200 break through the support level it tested before?
The price of ASX 200 in heading back to the support area. It is possible that it will…
After testing 24150.0000 numerous times, DAX 40 is once again approaching this price point. Can we expect a bearish trend to follow?
DAX 40 is about to retest a key horizontal support level near 24150.0000. It has tested this level…