Nikkei 225 is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 5 hours.
Related Posts
Breach of resistance could mean a start of a bullish trend on CAC 40
Triangle pattern identified on CAC 40 has broken through a resistance level with the price momentum continuing to…
Important price line being approached by FTSE 100. This price has been tested numerous times before.
FTSE 100 is moving towards a key support level at 9090.7998. FTSE 100 has previously tested this level…
CAC 40 is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 6 days.
Emerging Channel Up pattern in its final wave was identified on the CAC 40 15 Minutes chart. After…