Nikkei Testing Resistance, Potential Reversal!
Nikkei is testing its resistance at 20315 (61.8% Fibonacci extension , 23.6% Fibonacci retracement , horizontal pullback resistance) where it could potentially reverse down to its support at 19079 (100% Fibonacci extension , horizontal swing low support).
RSI (55) is approaching its resistance at where a reversal could occur.
RSI (55) is approaching its resistance at where a reversal could occur.
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