JPN225 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of JPN225 to test 21460.0000 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
Nikkei 225 is approaching 43011.0000. We expect either a breakout through this line, or a rebound.
Nikkei 225 is moving towards a key resistance level at 43011.0000. Nikkei 225 has previously tested this level…
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…