Japan8217;s Nikkei average fell 0.8 per cent on Tuesday,dented by profit-taking after four straight days of large gains and as the yen8217;s strength shows little sign of abating.
But for a second straight day the benchmark managed to hold above its 25-day moving average,which had served as resistance for most of last month,a sign it could resume climbing once profit-taking is absorbed.
The Nikkei fell 75.32 points to close at 9,226.00. Its 25-day moving average,currently at around 9,210,is considered a proxy for a one-month moving average and is closely watched in Japan.
The broader Topix declined 0.5 per cent to 834.92.