- Nikkei has recovered slightly after hitting a low of 20050 on account global equities recovery and weak yen. The index formed a major top around 20319 on Jun 20th 2017 . It is currently trading around 20229 0.13% higher.
- USDJPY has broken major resistance at 112.12 (May 25th high) and jumped till 112.46 on Jun 27th 2017 . Any break above 112.12 confirms bullish continuation , a jump till 113 likely.It is currently trading around 112.08.
- On the lower side, near term support is around 19950 (trend line joining 19277 and 19744) and any break below will drag the index down till 19735 (55- EMA)/19520 (89 EMA)/19277 (May 18th 2017 low).
- The near term resistance of Nikkei is around 20400 (trend line joining 20019 and 20230) and break above will take the index to 20477 (161.8% retracement of 20019 and 19277) /20530 (161.8% retracement of 20220 and 19744)/20649 (161.8% retracement of 19698 and 18193).
- Short term bullish invalidation only below 19275.
It is good to sell on rallies around 20200-225 with SL around 20400 for the TP of 19458/19277.


FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: GBP/NZD remains bullish as rally continues
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 



