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Asian markets are trading mixed especially Nikkei is trading extremely weak more than 2% lower.The index is trading lower on US-China trade woes weak corporate earnings.Toshiba is set cut its operating profit for the year through Mar between 20 billion Yen and 30 billion yen. US markets has recovered more than 1% from low and closed with Dow Jones 25106 (0.25% low) and S&P500 2707 (0.07% higher).USD/JPY is once again struggling to break convincingly above 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 20000 and any break below targets 19600/19300.
The near term resistance is at 20510 and any break above targets 20750/21000.
It is good to sell on rallies around 20500-550 with SL around 20750 for the TP of 20000.
