FxWirePro: Nikkei225 trades well above 200 4HMA, targets 16540/16800

Major intraday support -15650 (4 Hour Kijun-Sen) 

Major Intraday resistance- 16066 (200 4H MA) 
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• Nikkei225 has broken major resistance 16066 and jumped till 16244 at the time of writing. It is currently trading around 16149.
   
• The index is trading slightly well above pschycological resistance 16000. So a jump till 16543/16700 is possible. 
   
• On the lower side immediate support is around 15650 (200 4H MA) and any break below targets 15500/15390 (90 day EMA).
   
• The Nikkei225 is facing resistance around 16250  and any break above targets 16543/16850. 
  
  It is good to buy on dips around 15800 with SL around 15640 for the TP of 16250/16540