- Major resistance - 17000
- The index has slightly declined after making a high of 17146 It is currently trading around 16336.Short term trend is slightly bullish as long as support 16500 (55 day 4H EMA) holds.
- The index major resistance is around 17300 and any break above will take the index to next level 17600/17878 (29th Jan 2016)
- On the lower side major support is around 16500 and break below will drag the index down till 16200(Daily Kijun-Sen)/16000/15800 (cloud top) in short term.
- Short term weakness can be seen only below 15000.
It is good to buy at dips around 16700 with SL around 16500 for the TP of 17000/17260.


FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro:' USD/CAD faces downside risk below 1.4000
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: EUR/AUD bears maintain upper hand
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Major Crypto levels and bias summary
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro- Major Pair levels and bias summary 



