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NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
- Major Support -16200 (55 day EMA)
- Major Intraday resistance- 16656
- Nikkei225 has jumped till 16656 and slightly declined from that level.It is currently trading around 16569.
- The index upside upside has been capped by 16660 (trend line joining 17770 and 17247) and any break above confirms further bullishness.
- On the lower side immediate support is around 16200 (55 EMA) and any break below targets 16000/15830.The minor resistance is around 16400.
- The Nikkei225 is facing resistance around 16660 and any break above targets 16850/17000/17250.
It is good to buy on dips around 16400 with SL around 16165 for the TP of 16840/17000.
