SO recently I posted regarding this same chart about the resistance block and the two potential scenarios, with a view that if oil couldn't stabilize in price then the Nikkei would resume the bear trend.
Reviewing this once again and it looks like this has hold true and I know expect a re-test of the lows made recently so shorts are now favored.
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Reviewing this once again and it looks like this has hold true and I know expect a re-test of the lows made recently so shorts are now favored.
For more information sign up to my website subscription list to find out about my exciting launch: www.ejfxtrading.com