Nikkei approaching support, potential bounce!

Nikkei is approaching our first support at 21624 where a strong bounce might occur above this level pushing price up to our major resistance at 23080 (horizontal swing high resistance, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ). Stochastic (55,5,3) is also approaching support we might see a corresponding rise in price should it bounce off this level.