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Major support - 18823 (100- day EMA)
Nikkei has taken support near 100- day EMA and jumped slightly from that level. It is currently trading at 19067 0.14% lower.
USD declined against major pair yesterday. USD/JPY broken major support at 111 and declined till 111.73. It is currently trading around 111.48.
• On the lower side , 18823 (100- day MA) and any break below will drag the index till 18650/18230.
•The major resistance is around 19200 (55- day EMA) and any break above will take the index till 19377 (21- day EMA)/19600.
It is good to sell on rallies around 19150-200 with SL around 19400 for the TP of 18900/18660
