Short term view - NIKKEI 225 : The support has been breached.
The support has been broken, the trend becomes negative as we now have a succession of descending peaks and troughs.The next target is at 19,239.50 pts. The invalidation level is below 21,968.10 pts.Arguments :
- The support has been breached.
- The 50% retracement has been passed.
- Prices are breaking below the moving average, it is a sign of weakness.
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