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Japan 225
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Nikkei approaching major support, potential for bounce

Oleh ICmarkets
Broker
Nikkei is approaching major support at 21700 (Fibonacci retracement, Fibonacci extension, horizontal overlap support, Ichimoku cloud support) and there is a potential for a bounce above this level towards 22360 resistance (Fibonacci retracement, horizontal overlap resistance).

RSI (55) sees strong support above 50% which is the level that would maintain our bullish bias.
Chart PatternsHarmonic PatternsIndicesNikkei 225 JPN225 CFDjpn225longjpn225shortjpyJapan 225nikkeilongnikkeishortTrend AnalysisUSD
ICmarkets
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