- Major support : 15650 (trend line joining 10402 and 15193)
- The index has declined till 15837 and started to recover from that level. Short term trend is slightly bullish as long as support 15650 holds.
- Any break below 15650 will drag the pair till 15190 (Aug 2015 low). Break below 15190 confirms major weakness, a decline till 14700/14500 is possible.
- On the higher side minor resistance is around 16250 and break above will take the index to next level 16405/16825.
- Short term trend reversal only above 17240 level.
- Momentum indicator stochastic RSI is showing bullish divergence which confirms slight pullback in coming days.
It is good to buy at dips around 16000 with SL around 15650 for the TP of 16825/17000.


Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: NZD/USD downside pressure builds, key support level in focus
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 



