Aurum Markets Blog Technical Analysis Nikkei 225 – psychological price line breached

Nikkei 225 – psychological price line breached

Nikkei 225 – psychological price line breached post thumbnail image

The price of Nikkei 225 in heading in the direction of 38226.1992. Despite the recent breakout through 37994.0000 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

Target: 38226.1992 Entry: 38075 Stop: 37569.65

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