5.26 Nikkei average reaches the target
This article does not indicate or recommend buying or selling timing.
Please make your own investment decisions.
From the Tokyo open, the Nikkei average, which had been rising, reached the target line of the trend created from 27,600 and fell back.
As I see it, this upper bound of the trend has been reached.
At the same time, due to the extension of the state of emergency, there was yen selling.
It is not risk-on yen selling, but rather a bad yen selling, which makes stocks relatively cheaper and suggests a rise.
The reason is that there is less justification to hold yen because domestic activity is not moving.
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