Cabana Capitals Blog Technical Analysis Support breakout on Nikkei 225

Support breakout on Nikkei 225

Support breakout on Nikkei 225 post thumbnail image

Nikkei 225 has broken through 41435.0000 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, Nikkei 225 may be heading towards 40879.1992 within the next 8 hours.

Supported by Downward sloping Moving Average

Target: 40879.1992 Entry: 41190 Stop: 41588.87

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