Nikkei still eyeing for a break of resistance The Nikkei has managed to trade above its 200-day MA, but a Fibonacci 61.8% retracement level at the 37,900 level will be an immediate resistance to overcome. This also marked a previous horizontal support-turned-resistance level, as its daily relative strength index (RSI) reflected some near-term indecision at its mid-point. A move above the 37,900 level will validate buyers taking further control, which could see the index head towards the 39,300 level next. #OPINIONLEADER# #trading# #BeginnerTalk# #FX# #gold#