USD/JPY has formed a minor top around 114.32 and declined slightly from that level.Short term trend is slightly and is expected to reach 115.50.Any further bullishness can be seen only above 115.50.It is currently trading around 113.78.
On the the lower side ,near term support is around 19585 (23.6% retracement of 18193 and 20019) and any break below targets 19278 (21-EMA)/ 19106 (daily Kijun-Sen) is possible.
The major resistance is around 20000 and any break above will take the index till 20180/20470.
In Nikkei has formed divergence in and , a slight decline till 19500/19300 likely.
t is good to sell on rallies around 19880-19900 with SL around 20050 for the TP of 19585/19300.