- Nikkei has retreated after making a high of 19537 and declined till 19198. It is currently trading around 19335.
- The index has broken major resistance 19300 just now a jump till 19500 is possible . The major resistance is around 19525 (200 day MA) and break above confirms further bullishness , a jump till 19800/20000 is possible .
- But the index should close above 20000 for overall trend reversal. Close above 20000 will take the index to next target around 20300/20500
- On the lower side support is around 19200 and any break below targets 19000/18800/18500.
It is good to buy at dips around 19200 with SL around 19000 for the TP of 19525/19800


FxWirePro-Major European Indices
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 



