- Major Support -16430 (90 day EMA)
- Major Intraday resistance- 17000
- Nikkei225 has broken major support 16430 and declined till 16334 at the time of writing on the account of stronger yen.It is currently trading around 16354.
- The index is facing psychological resistance at 17000 and any break above confirms further bullishness.
- On the lower side immediate support is around 16270 (55 day EMA) and any break below targets 16000/15700.
- The Nikkei225 is facing resistance around 16800 and any break above targets 17000/17250/17480. The minor resistance is around 15560.
It is good to sell on rallies around 16430 with SL around 16600 for the TP of 16000/15820.


FxWirePro: GBP/USD steadies ahead key data, BoE event risk
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: AUD/USD dips on soft China data
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro- Major Pair levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 



