- Major resistance - 16985 (100 day EMA)
- Major support - 16425 (10 day EMA)
- Nikkei index has declined yesterday after making a high of 16805 at the time of writing.It is currently trading around 16459.
- Short term trend is slightly weak as long as resistance 17000 holds.
- The index major resistance is around 17000 (100 day EMA) and any break above will take the index to next level 17300/17525.
- On the lower side major support is around 16425 (10 day EMA) and break below will drag the index down till 16350/16000/15800 in short term.The minor support is at 16500.
- Short term trend reversal can be seen only below 15000.
It is good to sell on rallies around 16750-800 with SL around 17000 for the TP of 16350.


FxWirePro- Major European Indices
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD eases as market awaits Iran deadline
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
FxWirePro: GBP/NZD edges up, remains on front foot
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro- Major Crypto levels and bias summary 



