Technical analysis and NIKKEI 225 Forecast on April 11, 2017


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Quotes of the NIKKEI 225 exchange are trading at 18723. At the moment, quotes test the upper limit of the downward channel and have the potential to continue falling to the area below the level of 18500. In favor of falling quotations NIKKEI 225 is a rebound from the descending line of the trend on the indicator of relative strength.

Technical analysis and NIKKEI 225 Forecast on April 11, 2017

The cancellation of the variant of falling quotations will be a strong growth and breakdown of the area 18950, which will indicate the outflow of quotes beyond the upper boundary of the descending channel and the continued growth.

Technical analysis and NIKKEI 225 Forecast on April 11, 2017

Technical analysis and NIKKEI 225 Forecast on April 11, 2017 involves an attempt to fall into the area below the local minimum level within the rebound from the resistance area, the cancellation will become a breakdown of the upper boundary of the channel.


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