Nikkei 225 is moving towards a line of 38045.0000 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 Nikkei 225 continues in its current trajectory, we may see it move towards 38045.0000 within the next 9 hours.
Supported by Downward sloping Moving Average
Target: 38045 Entry: 38393 Stop: 38539.73
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