Nikkei holding below descending trendline resistance and also below moving average as well. A further drop below our pivot zone where we have multiple 61.8% Fibonacci retracement lining up could be possible. -27.2% Fibonacci retracement and 1st support zone is a possible downside target level as well.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nikkei-holding-below-descending-trendline"
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