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Japan 225
Short

Nikkei testing major resistance, potential upcoming drop!

Par ICmarkets
Courtier
Nikkei is testing major resistance at 22178 to 22360 where we can see strong fibonacci retracement and fibonacci extension along with horizontal overlap resistance. What is nice to see is that there are multiple stochastic reactions that has occurred at that level too.

Major support is at 21700 which is a strong fibonacci retracement, extension and overlap support.
Chart PatternsForexHarmonic PatternsNikkei 225 JPN225 CFDjpn225longjpn225shortjpyJapan 225nikkeilongnikkeishortTrend AnalysisUSD
ICmarkets
Courtier
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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