Nikkei 225 closes down -2.13% at 19,041.38

Soggy day for Japanese equities as yen strengthens 22 March

  • high 19183.27
  • low 19026.53
  • Topix -2.12% at 1530.20
  • USDJPY 111.54

Softer equity tones in general following on from falls in US yesterday.

Expect USDJPY bids/support around 111.30 then 111.00. Offers/res 111.80 and 112.00. I continue to play from the short side and remain as rally seller.

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