Best Buying Zones for the Japanese JPY225 Index on the Daily Timeframe
The Japanese Nikkei index continues its strong upward trend, as predicted in the weekly analysis. The index has already broken through previous supply levels, confirming the continuation of the current trend and the dominance of buyers.
The index has established strong buying zones, considered among the most important at present, reinforcing the idea of buying on any correction.
Expected Targets
If the index rebounds and tests the new demand zones near the 59813 level, we expect to see a renewed upward move targeting 62248 and 64106, respectively.
These demand zones will be invalidated if the index breaks and closes below them on a daily candle.
