JPN225 Middle Term: bullish bias above 55100.

JPN225 (JPN225)
+2023+3.19%
long positions above 55100 with targets at 65300 & 70000 in extension.
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Pivot: 55100

Our preference: long positions above 55100 with targets at 65300 & 70000 in extension.

Alternative scenario: below 55100 look for further downside with 50600 & 45000 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
75000 ***
70000 ***
65300 ***
61649 Last
55100 ***
50600 ***
45000 ***

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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