Asian markets are trading lower especially Nikkei is trading extremely weak more than 1.5% lower.The index is trading lower on US-China trade woes ,Euro zone growth concern and weak corporate earnings.European Commission has trimmed growth forecasts of Euro zone for this and next year.US markets has closed lower flat after a continuous jump with Dow Jones 25169 (0.87% low) and S&P500 2706 (0.94% lower).USDJPY is once again struggling to break convincingly breaking 110 level.Any close above 110 targets 111/112.It is currently trading around 109.78
On the lower side, near term support is around 20350 and any break below targets 20200/20000.
The near term resistance is at 20750 and any break above targets 21000/21387/21573.
It is good to sell on rallies around 20500-550 with SL around 20750 for the TP of 20000.
