Big movement expected on JPN225 after a breach of 23245.0000

JPN225 has broken through a line of 23245.0000 and suggests a possible movement to 22882.5000 within the next 4 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 27 days.