Nikkei Reversed Off Resistance, Potential For A Further Drop!
Nikkei reversed off its resistance at 20228 (61.8% Fibonacci extension , 23.6% Fibonacci retracement , horizontal pullback resistance) where it could potentially drop further to its support at 19017 (100% Fibonacci extension , horizontal swing low support).
RSI (55) is approaching its resistance at where a further drop could occur.
RSI (55) is approaching its resistance at where a further drop could occur.
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