Nikkei 225 Eyes 66k as Wall Street ReboundsJapan 225 CFDFOREXCOM:JP225StoneXTradingThe daily chart shows a potential tweezer bottom at 63,733 - and a double bottom at the same level on the 4-hour chart. A potential falling wedge pattern is also forming, which can be a bullish continuation pattern which projects a target near its cycle highs, just below 70k. Also note support was found around the 100-day EMA and the RSI (2) reached oversold recently and is now moving higher to suggest a swing low may have formed. While I am not fully convinced yet that a direct rally to 70k is on the cards, I do see potential for a rally over the near-term. Wall Street rallied overnight, the the KOSPI 100 - which shares a stronger correlation with the Nikkei - is holding above support. If the KOSPI can take Wall Street's lead, the Nikkei could follow. MS