The Nikkei 225 index has been exhibiting a bullish trend on the M15 timeframe, with the price breaking above a significant resistance level at 59210. The recent candlestick formation, characterized by a strong bullish engulfing pattern, suggests a continued upward momentum. The increasing trading volume, particularly in the last few candles, validates the strength of this move, indicating a high probability of the price reaching the target zone. From a technical perspective, the price is approaching a key area of support-turned-resistance, which may provide an additional boost to the upward trend. Given the current market conditions and the technical indicators,…

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