Nikkei is approaching key support at 38.2% Fibonacci retracement. With technical indicators showing room for further bearish momentum, a break below our Pivot will see price open a deeper drop towards 61.8% Fibonacci retracement and 1st support level.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/nikkei-with-a-descending-trend-facing-further-bearish-pressure"
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