CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

JPN225 Short Term: towards 65300.

JPN225 (JPN225)
+396+0.67%
long positions above 54200 with targets at 61800 & 65300 in extension.
image
Pivot: 54200

Our preference: long positions above 54200 with targets at 61800 & 65300 in extension.

Alternative scenario: below 54200 look for further downside with 50600 & 48300 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:
70000 **
65300 **
61800 ***
58927 Last
54200 ***
50600 ***
48300 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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