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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
Major resistance - 19698 ( Jan 9th 2017)
Nikkei fell for the fifth consecutive day on account of increased probability of Fed rate hike in Mar.The index has slightly recovered after declining till 19190. It is currently trading at 19280 0.18% lower.
•USD/JPY is trading slightly bullish and it should break above 115 for further bullishness.It is currently trading around 114.45.On the lower side 100 -day EMA acting as major support.
• On the lower side ,19128 (trend line joining 18224 and 18973) is acting as next immediate support and any break below targets 18980 ( trend line joining 18224 and 18638)/18682 (100 -day EMA) .
•The major resistance is around 19698 (Jan 9th 2017 high) and any break above will take the index till 19917 (161.8% retracement of 19566 and 18986)/20000. The minor resistance is around 19327 (daily Tenken-Sen)./19400.
It is good to sell on rallies around 19280-19300 with SL around 19400 for the TP of 19120/19000
