JPN225 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 26736.0441 may materialize within the next 11 hours.
Related Posts
A possible move on ASX 200 as it heads towards resistance
ASX 200 is heading towards the resistance line of a Channel Down and could reach this point within…
Could a large bearish move on FTSE 100 be a sign of things to come?
Those of you that are trend followers are probably eagerly watching FTSE 100 to see if its latest…
Nikkei 225 likely to test 38187.0000 in the near future. Where to next?
Nikkei 225 is approaching a support line at 38187.0000. If it hits the support line, it may break…