Bias for the Nikkei looks still bearish in the short term as the price closed below the MA 50-100-200 in the 4 hours chart. In addition, the downward signal from the stochastic indicator also reinforces the bearish bias.
The closest support level seen in the region of 19000, a break below that area get the price for further bearish momentum towards 18850 area before aiming to the area of the key support level at 18680. For the upside, closest resistance levels are in the region of 19200, a break above that area the price will likely move along at least neutral to the test instructions 19 325, 19 325 break above that area could trigger further bullish heading to an area of 19 525.
Resistance levels: 19 200, 19 325, 19 525
Level of support: 19000, 18850, 18680
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