Nikkei Approaching Resistance, Potential Reversal!
Nikkei is approaching its resistance at 20228 (61.8% Fibonacci extension, 23.6% Fibonacci retracement, horizontal pullback resistance) where it could potentially reverse down to its support at 19017 (100% Fibonacci extension, horizontal swing low support).
RSI (55) is approaching its resistance at where a corresponding reversal could occur.
RSI (55) is approaching its resistance at where a corresponding reversal could occur.
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