Nikkei 225 closes down -1.32% at 19,553.86

Soggy tones overall as USDJPY continues to flounder 18 May
– high 19601.53
– low 19449.73
– Topix -1.32% at 1555.01
– USDJPY 111.23 after the rally from 110.53 to 111.33
Expect offers/res between 111.35-50. Bids/demand into 111.00, 110.80 and 110.50 again.