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Asian markets are trading higher especially Nikkei declined slightly on strong yen.US markets has closed in positive territory with Dow Jones 24737 (0.75% higher) and S&P500 2664 (0.85% higher) after deal has reached to reopen US government after a prolong shut down. Chinese Shanghai composite is trading slightly higher and is currently trading around 2610 (0.32% higher). Markets eye US Fed meeting and progress in US-China trade talks for further upside. USDJPY has once declined after hitting high of 109.95 and any break above 110 confirms further bullishness.It is currently trading around 109.35.
On the lower side, near term support is around 20500 and any break below targets 20200/20000.
The near term resistance is at 21000 and any break above targets 21387/21573.
It is good to buy on dips around 20400-450 with SL around 20200 for the TP of 21380.
