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Japan 225
Long

Japan 225 right above major support, watch for a strong bounce!

By Tickmill
Broker
Japan225 is right above major support at 23085 (Fibonacci extension, Multiple Fibonacci retracement, horizontal overlap support) and a strong bounce could occur at this level to drive price up towards 24139 resistance (Fibonacci extension, horizontal swing high resistance). Do be wary of the intermediate resistance we can expect at 23748 (Fibonacci retracement, horizontal overlap resistance).

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Chart PatternsHarmonic Patternsjapan225japan225ideajapaneseyenjp225JAPAN 225Trend AnalysisUSD
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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