Cabana Capitals Blog Technical Analysis A potential bearish movement on Nikkei 225

A potential bearish movement on Nikkei 225

A potential bearish movement on Nikkei 225 post thumbnail image

The price of Nikkei 225 in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.

Supported by Downward sloping Moving Average

Target: 38477 Entry: 38828 Stop: 39022.1

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