Asian markets are trading quiet on account of Chinese New Year especially Nikkei is trading slightly higher 0.5% higher.US economy has added 304000 jobs in month of Jan and unemployment rose to 4%. Average earnings rose 0.1% in Jan compared to 0.4% in Dec and annual increase in wages at 3.2% compared to 3.3%.US markets has closed flat after a continuous jump with Dow Jones 25063 (0.26% higher) and S&P500 2706 (0.09% higher).Chinese .USDJPY recovered sharply after hitting low of 108.49.The near term resistance is around 110 and any break above targets 111/112.It is currently trading around 109.60.
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 20680-700 with SL around 20480 for the TP of 21200/21387.
