Aurum Markets Blog Technical Analysis Nikkei 225 approaching important bearish key level

Nikkei 225 approaching important bearish key level

Nikkei 225 approaching important bearish key level post thumbnail image

Nikkei 225 is heading towards a line of 37230.0000. If this movement continues, the price of Nikkei 225 could test 37230.0000 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Supported by Downward sloping Moving Average

Target: 37230 Entry: 37484 Stop: 37639.86

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