Nikkei 225 Technical: Overstretched Decline, Potential Rebound Looms

<p>Nine-week corrective decline from the 16 June 2023 high has almost reached a key inflection/support level of 31,130. Short-term momentum indicates an overstretched down move from the 10 August 2023 minor swing high, increasing the odds of a potential rebound in price actions. Intermediate resistances to watch will be at 31,760 and 32,380. The price […]</p>
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