Chart Of The Day: Nikkei 225

Nov 4, 2021

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Nikkei 225 Daily Chart.

With U.S. equities rallying and even the mid-cap index “lastly” following the remainder of the market highs, the could also be set to problem the 2021 highs as properly. We have now the 30055 78% Fibonacci retracement to climb, however as soon as previous that danger could also be for one more check of the 30839 highs from mid-September. The RSI is pointing increased. We’re again above the 200-day shifting common, and with current JPY weak spot a check of the highs does appear probably. 

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