Japan's Nikkei index and the expected upcoming long-term movement

JP225 Index Analysis and Expected Scenarios .

The Japanese Nikkei Index is moving in a strong upward trend.

Currently, the index is retesting the demand zones at 37145,

which are currently considered strong areas, and a rise is expected from them.

Especially if the downtrend shown on the chart is broken.


Another scenario:

If the current demand zones are broken and a full-day candle closes below them,

a continued decline is expected, reaching the next demand zones,

which are located near 34575, as shown on the chart.

It is recommended to monitor the current movement

 to confirm the indicator's next move.