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

Long
Japan 225 (OANDA:JP225USD)  
Tickmill Broker  
OANDA:JP225USD   Japan 225
Trend Analysis Harmonic Patterns Chart Patterns JAPAN 225 jp225 USD japaneseyen japan225 japan225idea
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trendanalysis harmonicpatterns chartpattern jp225usd jp225 usd japaneseyen japan225 japan225idea
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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