Cabana Capitals Blog Technical Analysis Should we expect a breakout or a rebound on Nikkei 225?

Should we expect a breakout or a rebound on Nikkei 225?

Should we expect a breakout or a rebound on Nikkei 225? post thumbnail image

Nikkei 225 is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 8 hours.

Target: 38184.0164 Entry: 37875 Stop: 37695

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post