Nikkei is approaching our first resistance at 22320.0 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap resistance where a strong drop might occur below this level pushing price down to our major support at 20303.4 (61.8% Fibonacci retracement, Horizontal swing low support)
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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Chart PatternsHarmonic PatternsJapan 225nikkeilongnikkeishortTrend Analysis

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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