Nikkei 225 stalls at 61.8% Fib level: Live hourly levels
The Nikkei 225 is consolidating just below a key technical barrier after rejecting the 61.8% Fibonacci retracement at 68,705. The index is trading around 68,607.5, with falling volume and a cooling RSI suggesting bullish momentum is fading even though the broader trend remains constructive. Technical signals are mixed: ADX still supports trend strength, but a bearish MACD crossover and multiple doji candles point to indecision. Traders are watching for a decisive 5-hour close above 68,705 to trigger a continuation toward 70,500 and potentially 72,000–73,765, while a rejection or breakdown below 67,292 could open downside toward 66,522 and lower support levels. The article frames the market as a short-term standoff between bulls and bears, with breakout confirmation needed before committing.