- Major support - 5,500 (21 day MA).
- The index has slightly recovered after making a low of 5493 on Friday.It is currently trading around 5552.The index is facing strong support at 21 day MA and slight weakness can be seen only below that level.
- Short term trend is slightly bullish as long as the support 5500 (21 day MA) holds.
- Any break above major resistance 5,542 (Daily Tenkan-Sen) will take the index to next level till 5600/5625/5,672 (161.8% retracement of 5,431 and 5,041)/5,700 in the short term.
- On the lower side, support is around 5485 and any violation below that level will drag the index till 5450/5400.
It is good to buy on dips around 5500 with SL around 5,460 for the TP of 5555/5600.


FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major European Indices
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: GBP/NZD remains bullish as rally continues 



