NIKKEI 225 – TECHNICAL ANALYSIS

Japan 225 has paused in the 19,700 to 19,800 range to consolidate recent gains and work off an overbought RSI. So far this appears to be a normal pause within a bigger uptrend with a run at 20,000 still possible but in a correction, it could drop back to retest its BOLLINGER 20 DAYS near 18560.

By Theodoros  Batsoulis
Technical Analyst
Risk Market
www.riskmarket.co.uk