Nikkei 225: Major Bullish Breakout from 7-month Range With Further Potential Upside in Store

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/04/f-nikkei6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/04/f-nikkei6.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/04/f-nikkei6-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/04/f-nikkei6-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/04/f-nikkei6-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Nikkei 225 rallied to a 34-year high & outperformed the major US benchmark US stock indices year-to-date. Domestic demand-oriented sectors are the outperformers in the current bullish movement seen in the Japanese stock market. The USD/JPY is now having a negative correlation with the Nikkei 225. The sustainability of the current bullish tone seen in […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/534702-nikkei-225-major-bullish-breakout-from-7-month-range-with-further-potential-upside-in-store/">Nikkei 225: Major Bullish Breakout from 7-month Range With Further Potential Upside in Store</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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