JPN225 Short Term: the bias remains bullish.

JPN225 (JPN225)
+2023+3.19%
long positions above 58400 with targets at 65300 & 68000 in extension.
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Pivot: 58400

Our preference: long positions above 58400 with targets at 65300 & 68000 in extension.

Alternative scenario: below 58400 look for further downside with 55100 & 50600 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
70000 **
68000 **
65300 ***
61649 Last
58400 ***
55100 ***
50600 **

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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