Nikkei 225 is approaching our first resistance at 23072 (horizontal swing high resistance, 61.8% Fibonacci retracement , 100% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our support at 21545 (100% Fibonacci extension, 78.6% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price.
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