Nikkei Bounced Off Support, Potential For A Further Rise!
Nikkei bounced off our first support at 21121 (horizontal swing low support, 100% Fibonacci extension , 76.4% Fibonacci retracement ) where a further rise might occur above this level pushing price up to our major resistance at 22739 (horizontal swing high resistance, 100% Fibonacci extension , 50% Fibonacci retracement ).
Stochastics (89,5,3) has bounced off support and we might see a corresponding rise in price.
Stochastics (89,5,3) has bounced off support and we might see a corresponding rise in price.
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