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Friday, November 27, 2020

Nikkei 225 ST: further upside



Pivot: 25200

Our preference: long positions above 25200 with targets at 28000 & 28700 in extension.

Alternative scenario: below 25200 look for further downside with 24400 & 23750 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

29500 **

28700 ***

28000 ***

26650 Last

25200 ***

24400 ***

23750 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458. 

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