Quotes of stock index NIKKEI 225 are trading at 19073. The index was able to break the upper boundary of the downward channel and at the moment there is a potential for continuing the growth of quotations in the region above the level of 19450. In favor of the growth of the NIKKEI 225 index breakdown of the resistance line on the indicator of relative strength.
Technical analysis & NIKKEI 225 forecast on April 26, 2017
However, we should not exclude the attempt of the test of this line and only after this continuation of the growth of quotations of the index in the area above the level of 19450. The abolition of the variant of growth will be the fall and breakdown of the area of 18700, which will indicate the continuation of the reduction of quotations NIKKEI 225.
Technical analysis & NIKKEI 225 forecast on April 26, 2017 suggests an attempt to continue growth in the area of 19500 in the rebound frame from the broken trend line on the indicator of relative strength.
