JPN225 Forecast for the week ending 12th September, 2014

JPN225 Forecast for the week ending 12th September, 2014

Weekly Chart

• Although we are at strong resistance, the candle closed positively in the zone, i would expect that we would break resistance

Daily Chart

• As we drill down to the daily time frame, we can see that there is some good resistance yet to be tested. We would need clearly price action to know where it want to head to

Hourly Chart

• Looks more likely to the upside as we only see shallow retracements for now

Outlook Trade opportunity

Long trades prefer, but need to be careful with strong resistance nearing.

Risk Level __

Tips -

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