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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
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- USD/KRW is currently trading around 1,131 levels.
- It made intraday high at 1,132 and low at 1,128 marks.
- Intraday bias remains bullish till the time pair holds key support at 1,125 levels.
- A daily close above 1,135 will drag the parity higher towards key resistances at 1,142, 1,152, 1,162, 1,176, 1,182, 1,196, 1,201, 1,209 (20D EMA) and 1,220 (March 03, 2016 high) marks respectively.
- On the other side, a sustained close below 1,125 will test key supports at 1,117/1,111/1,101/1,089/1,078/1,063/1,044 levels respectively.
- In addition, South Korea’s Kospi was trading around 1.05 percent lower at 2,015.46 points.
- South Korea’s October consumer sentiment index decreases to 101.9 vs previous 102.
We prefer to go long on USD/KRW only above 1,135, stop loss 1,117 and target 1,152/1,168.
