Nikkei Bearish Still Under Pressure Test, to 18 920

Visible bias remains bearish in the short term as the price is below the MA 50-100-200 on the 4 hour chart and the MACD indicator is still far below the midline, and even when the indicator Stochastic oversold.

The closest support level seen the range of 19000, a break below that area could trigger further bearish momentum towards 18 920 before targeting key areas to support at 18745. For the other side, the nearest resistance levels seen the range of 19140, a break above that area could trigger further bullish towards to 19250 before trying to reach the level of strong resistance area at 19400.

Resistance levels: 19140, 19250, 19400
Level of support: 19 000, 18 920, 18 745