Nikkei is breaking below the triangle.
Nikkei has broken below the triangle resistance of 26.200. This break could lead to an extension lower and a test of 24000 in the coming days. Despite the monetary easing by BOJ, Nikkei could not avoid the correlation with other leading world Indices, and traders raised concerns that BOJ could fight Inflation with ease monetary policy. The downside support is 26300.
Note: look for the short trade entries with the stop loss above 26300
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