- Major resistance - 16600
- Nikkei index dives off more that 3% on thrusday after BOJ surprised markets by holding off fresh stimulus.
- The index has broken 16200 (yesterday low) in the morning session and declined till 16067 at the of writing. It is currently trading around 16114.Short term trend is bearish as long as resistance 16600 holds.
- The index major resistance is around 16600 and any break above will take the index to next level 16800/17200.
- On the lower side major support is around 16000 and break below will drag the index down till 15500/15325. in short term.
- Short term trend reversal can be seen only below 15000.
It is good to sell on rallies around 16300 with SL around 16600 for the TP of 16000/15550


FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD biased higher but rally currently stretched
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro- Major Crypto levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: USD/CAD extends decline on broad dollar weakness 



