Aurum Markets Blog Technical Analysis Should we expect a bearish trend on Nikkei 225?

Should we expect a bearish trend on Nikkei 225?

Should we expect a bearish trend on Nikkei 225? post thumbnail image

Triangle pattern identified on Nikkei 225 has broken through a support level with the price momentum continuing to move in an downward direction. A solid trading opportunity continues with the price expected to reach 39385.2769 in the next 9.

Supported by RSI above 60

Target: 39385.2769 Entry: 39765.8 Stop: 39934

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