Nikkei 225 is once again retesting a key horizontal resistance level at 38274.0000. 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 Upward sloping Moving Average
Target: 38546.6016 Entry: 38324 Stop: 38197.41