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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
Nikkei225 broken major support at 18850 at the time of writing on account of stronger Yen. It is currently trading around 18836 1.13% lower.
The index is facing strong support at 60- day EMA and any break below confirms further weakness.
•USD/JPY upside is capped by 10 -day MA and any break above confirms minor bullishness. It is currently trading around 112.67.
•Technically index is facing strong support at 18850 (23.6% retracement of 16106 and 19698) and any break below that level will drag the index down till 18735 (60 - day EMA)/18285.
•On the higher side, major intraday resistance is around 19110 (30- day EMA) and any break above will take the index to 19285 (61.8% retracement of 19566 and 18818) /19566/19700.
•The index should break below 18000 for further weakness.
It is good to sell on rallies around 19100-150 with SL around 19285 for the TP of 19000/18850
