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Nikkei approaching major support, potential for bounce

Long
Japan 225 (OANDA:JP225USD)  
ICmarkets Broker  
OANDA:JP225USD   Japan 225
Trend Analysis Harmonic Patterns Chart Patterns Nikkei 225 CFD nikkeilong nikkeishort Nikkei 225 JPN225 CFD jpn225long jpn225short jpy USD Indices
5
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trendanalysis harmonicpatterns chartpattern ni225 nikkeilong nikkeishort jpn225 jpn225long jpn225short jpy usd indices
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.
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