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NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
- Nikkei broken minor resistance at 18532 high made on Apr 18th 2017. Market awaits first round of French election result this week for further direction.The index is trading slightly above hourly Kijun-Sen and cloud. It is currently trading around 18568 0.01% lower.
- The Japanese yen recovered slightly till 109.48 after making a temporary bottom at 108.13. The pair should close above 109.85 for further bullishness.
- On the lower side ,near term support is around 18325 ( 61.8% retracement of 16106 and 16698) and any break below targets 18000/17800 is possible.
- The major resistance is around 18630 (38.2% retracement of 18341 and 18197) and any break above will take the index till 18806 (100- day EMA)/19000.
It is good to buy on dips around 18500-520 with SL around 18325 for the TP of 18800/19000.
