Nikkei: regains 1%, invalidates the break of 38,050


(CercleFinance.com) – The Nikkei rebounded by +1% towards 38,480, after having made an incursion towards 37,900 the day before.
After a week for nothing, and a new test of short-term resistance located around 39,200, the break of 38,054 (low of May 30) is invalidated this morning.
In the event of a relapse below 38,000, the next target would be at 37,058, the April 19 low.

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