TRANZACTIONAREA PE FX & CFD IMPLICA UN RISC RIDICAT
Nikkei 225 on daily time frame chart we can see that the price is showing some rejections of more downside movements, and simultaneously reject above the upside trend line.
Therefore, it may be interesting to enter long in this index once the price remains above the trend line.
Our suggestions is to put the stop-loss below the trend line and the take profit close to the previous highs or for the more conservative people, near the support line at which the price has had some difficulty going through.
Resistance 3: $ 0.7935 (Feb 19-20 high)
Resistance 2: $ 0.7890 (Feb 26 high)
Resistance 1: $ 0.7810/20(Feb 26 low, МА (200) Н1)
Current price: $ 0.7763
Support 1: $ 0.7710 (March 1 low)
Support 2: $ 0.7645 (Dec 15 low)
Support 3: $ 0.7580 (Dec 4 low)
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