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FxWirePro: Nikkei225 recovers after making a low of 16013, good to sell on rallies

  • Major Support - 16000
     
  • The index has made a low of 16013 at the time of writing and slightly recovered from that level.It  is currently  trading around 16158.Short term trend is bearish as long as resistance 16570 (7 W EMA) holds.
     
  • Any break below 16000 will drag the index down till 15500/15250 in short term.On the higher side major resistance is around 16600 any break above will take the index to next level till 17000/17300.
     
  • The index major resistance is around 16325 and break above targets 16500.
     
  • Short term bearish invalidation only above 17300.

 It is good to sell on rallies around 16350-16400 with SL around 16600 for the TP of 16000/15560.

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2018-12-11 00:43:16
0m

December 11 01:00 UTC Released

PHTrade Balance USD

Actual

-4212 Stale

Forecast

Previous

-3927 Stale

December 11 01:00 UTC Released

PHImports YY

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21.4 Stale

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Previous

26.1 Stale

January 31 00:00 UTC 452287452287m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 452287452287m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 464107464107m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 452287452287m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 464107464107m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 452287452287m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 452287452287m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 452287452287m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

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