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NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
- Nikkei is continuing its winning streak for 11th consecutive days due to stable yen and on expectations that ruling bloc will win elections later this month.The index has has made a 21- year high at 21391 and is currently trading at 21366 0.02% higher.
- USD/JPY has shown a minor recovery till 112.47 from the low of 111.65. The pair bullish continuation can be seen only above 113.45 and any break above will take the pair till 114/115. The pair's major support is around 111.12 (100- day MA) and any close below will drag the index till 110/108. It is currently trading around 111.97.
- On the lower side, index major support is around 20935 (10- day MA) and any break below will drag the index down till 20667 (20- day MA)/20200/20000.
- The near term resistance is around 21400 and any break above will take the index to next level till 21600/21780.
It is good to buy on dips around 20800 with SL around 20600 for the TP of 21580/21780.
