Aurum Markets Blog Technical Analysis Nikkei 225 – getting close to support of a Channel Down

Nikkei 225 – getting close to support of a Channel Down

Nikkei 225 – getting close to support of a Channel Down post thumbnail image

Nikkei 225 is moving towards a support 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 9 hours.

Target: 37429.375 Entry: 37785 Stop: 38026

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