Nikkei is testing the key upside support
Nikkei has been rejected from the latest swing higher 31000. It is now testing the strong upside support zone 29000-29500. A break below this zone is required for the downside extension and a bounce for continuation higher. We see upside here limited and will search for the short trade entries upon a break below 29000.
Note: look for the short trade entries upon a confirmed break below 29000 with the stop loss above 29500
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