CurrencyTraderofForex

Bearish outlook for Nikkei225 / Bullish outlook for JPY

FX:JPN225   니케이 225 인덱스
1
The yellow highligthed areas er in advance calculated price levels where price is expected to halt and correct in the opposite direction. The chart is zoomed out to give a better overview of this.

The Nikkei225 has a clear tendency to respect these levels. 17080 is the next level where it could correct and start a bearish move.

This is in accordance with the general outlook for the JPY, which is soon to turn bullish. JPY charts are starting to give strong bullish signals.
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