JPN225 is moving towards a line of 28020.0000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If JPN225 continues in its current trajectory, we may see it move towards 28020.0000 within the next 12 hours.
Related Posts
A possible move on ASX 200 as it heads towards support
An emerging Channel Down has been detected on ASX 200 on the 1 hour chart. There is a…
After testing 8208.1201 numerous times, FTSE 100 has finally broken through. Can we expect a bullish trend to follow?
FTSE 100 has broken through a resistance line. It has touched this line numerous times in the last…
Nikkei 225 is approaching a resistance line of a Triangle. It has touched this line numerous times in the last 36 days.
A Triangle pattern was identified on Nikkei 225 at 38767.0, creating an expectation that it may move to…