Nikkei to continue in the upward move?

13 февр.

NIK225 - 24h expiry

Short term bias is bullish.
Levels close to the 50% pullback level of 37636 found buyers.
Preferred trade is to buy on dips.
The trend of higher lows is located at 37190.
Further upside is expected although we prefer to buy into dips close to the 37640 level.

We look to Buy at 37570 (stop at 37290)
Our profit targets will be 38270 and 38370

Resistance: 38950 / 40430 / 40980
Support: 36550 / 34155 / 33325

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