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Nikkei 225 is quickly approaching the resistance line of a Channel Down. We expect either a breakout through this line or a rebound.

Nikkei 225 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 10 days and may test it again within the next 2 days.

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ADAUSD formed a Falling Wedge on the 1 hour chart. Retest of support in sight.

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Important price line being approached by Nikkei 225. This price has been tested numerous times before.

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