JPN225 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 10 days and suggests a target line to be around 23469.0000 within the next 2 days.
Related Posts
Could a large bullish move on DAX 40 be a sign of things to come?
DAX 40 has moved higher by 2.32% from 21383.1 to 21879.9 in the last 2 days.
DAX 40 – breach of a trending support line that has been tested at least twice before.
DAX 40 moved through the support line of a Channel Up at 21697.346153846156 on the 15 Minutes chart.…
If you’re long FTSE 100 you should be aware of the rapidly approaching level of 8510.9004
FTSE 100 is moving towards a key support level at 8510.9004. FTSE 100 has previously tested this level…