Nikkei 225: FX tailwind fuels breakout pushJapan 225 CFDFOREXCOM:JP225FOREXcomWith a strengthening positive correlation with USD/JPY, a bullish breakout from the bull pennant it had been coiling within and increasingly bullish signals from the oscillators, the prospects for a run towards the record highs for our Nikkei 225 contract look to be improving. If we see a retest and bounce from former resistance at 57,700, it would allow for longs to be set with a stop beneath for protection, targeting the record high at 58,570. The prospects for the setup would likely improve should we see additional upside in USD/JPY, which is currently testing a key resistance zone overhead. Good luck! DS