Nikkei 225: Short-Term Positive Momentum Emerged ahead of BoJ

<p><img width="508" height="339" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-nikkei4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Recent decline in the Nikkei 225 has managed to stall again at the key 200-day moving average with positive momentum seen in the hourly RSI indicator. Bank of Japan’s (BoJ) latest quarterly outlook report will be closely watched; upbeat inflationary forecasts for FY 2023/2024 may signal a faster pace of monetary policy normalization. The TOPIX [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/525135-nikkei-225-short-term-positive-momentum-emerged-ahead-of-boj/">Nikkei 225: Short-Term Positive Momentum Emerged ahead of BoJ</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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