Nikkei 225 closes down -2.42% at 15,732.82

A soggy day for Japanese equities but closing off session lows

  • -390.45
  • open 16044.23
  • high 16066.18
  • low 15698.55
  • USDJPY 110.78 and still on the back foot with yen demand prevailing

The Nikkei has broken key Fibonacci support at the 15,788 level which is the 61.8% retracement of the 14,866 to 17,279 rally, with next support seen at the 15,435 level.

USDJPY has tech support 110.65-70 and barrier option at 110.50

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