Market Analysis of JP225 on Wednesday 13 September 2023

2023-09-13 12:50Source:BtcDana

JP225 TECHNICAL ANALYSIS SHORT TERM VIEW     

JP225 has strong resistance  32657 to 32915 levels and it can fall towards  towards 32000  levels  without touch 33100 level .Overall trend is negative now  and as long as it hold resistance it can fall towards 31256 level as well.Inner calculations suggesting for intraday purpose 33100 stop loss  and it can fall for 32600 ,32560 and final target 32500 levels respectively.

 QUICK FUNDAMENTAL LOOK                                                                     

Japan's Nikkei share average gave up small gains to trade lower on Wednesday ahead of U.S. inflation, but the losses were limited as investors bought value shares that withstand higher rates.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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