Nikkei 225 is once again retesting a key horizontal support level at 38795.0000. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Downward sloping Moving Average
Target: 38548.3008 Entry: 38707 Stop: 39111.71