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.