Jpn225: high position narrow width finishing

Fundamental analysis:

The Nikkei 225 index closed up 91.75 points, or 0.33%, at 27807.50 on Thursday, July 28. Yumiya, deputy governor of the Bank of Japan: it is hoped that the Federal Reserve will curb inflation and achieve stable U.S. economic growth, which is important not only for the United States, but also for the global and Japanese economy. The Fed's interest rate hike has no direct impact on the Bank of Japan's policies, and the Fed's policy measures may have various impacts on the Japanese economy and short-term prices.

Nikkei index jpn225 - 4-hour K-line chart shows:

Technical analysis:

According to the 4-hour chart, the high level maintains wide consolidation and translation, and after a short-term slow upward movement, the high level begins to retreat in a short-term blocked consolidation, the MACD index is in the high consolidation of the long area, and the RSI index is in the 50 balanced online side;

Long short turning point: 27955

Pressing position: 28110, 28266

Support position: 27783, 27659

Trading strategy: 27955 bearish below, target 27783, 27659

Alternative strategies: bullish above 27955, targets 28110, 28266