Aurum Markets Blog Technical Analysis Nikkei 225 approaching support of a Channel Down

Nikkei 225 approaching support of a Channel Down

Nikkei 225 approaching support of a Channel Down post thumbnail image

Nikkei 225 is approaching the support line of a Channel Down. It has touched this line numerous times in the last 9 days. If it tests this line again, it should do so in the next 2 days.

Supported by Downward sloping Moving Average

Target: 36820 Entry: 37500 Stop: 37857

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