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DLavrov
May 10, 2017 11:22 AM

Nikkei 225 Trading Idea Short

Nikkei 225 index of Japanese listed sharesFXCM

Description

Price reached the strong resistance level 20000. MACD histogram starts falling and RSI shows that the market is overbought. It's a signal that the market is going to reverse and we'll see down movement. Entry level for possible short trades should be below 19800 with stop orders above 20000 level. Profit target is at 19000 level.
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