• Major intraday resistance - 18668 (5- day MA). 
   
• Nikkei trades weak on account of stronger yen and weak global markets .U.S market declined sharply yesterday after Trump's comment on U.S dollar and interest rates.
   
•  The Japanese yen spiked to highest level since Nov 2016 due to uncertainty in Syria and North Korea.The index declined sharply after breaking low of 110.
   
• JPY gains against all major pairs and has broken major support at 110. The pair declined till 108.72 and is currently trading around 108.80. 
   
• On the lower side ,18325 ( 61.8% retracement of 16106 and 16698) will be acting as major support for Nikkei and any break below will drag the index till 18000/17800 . 
• The major resistance is around 18500 (support turned into resistance) and any break above will take the index till 18668 95- day MA)/ 18850 (100- day EMA) 
• It is good to sell on rallies around 18450-500 with SL around 18670 for the TP of 18325/18000.