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At a joint press conference with Biden, Kishida announced that Japan would join the "Indo Pacific economic framework"
2022-05-24
838
Fundamental analysis:
The Nikkei 225 index closed up 279.47 points, or 1.05%, at 27018.50 on Monday, May 23. According to Asahi television, Japanese Prime Minister Fumio Kishida and US President Biden held talks in Tokyo on the 23rd. Japan will join the "Indo Pacific economic framework" led by Biden.
Nikkei index jpn225 - 4-hour K-line chart shows:
Technical comments: the Bull Power fluctuated strongly and moved upward. After touching the brin belt index on the track to the node near 27138, it continued to climb. The brin belt index showed an opening trend and continued to move upward in the medium and short term. The MACD index was above the 0 axis, the bull area maintained a continuous upward movement, the RSI index was at 50 equilibrium, and the online side maintained a slow upward sorting;
Long short turning point: 27047
Pressing position: 27237, 27389
Support position: 26921, 26787
Trading strategy: bullish above 27047, target 27237, 27389
Alternative strategy: bearish below 27047, targets 26921 and 26787
The above analysis is a personal point of view and is for reference only.
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