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JPN225 is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.

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.

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After testing the resistance line numerous times, FRA40 is once again approaching this line. Can we expect a bullish trend to follow?

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NZD/USD – approaching a price line that has been previously tested numerous times in the past

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