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AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
- USD/TRY is currently trading at 3.0630 levels.
- It made intraday high at 3.0662 and low at 3.0546 levels.
- Intraday bias remains bearish for the moment till the time pair holds key resistance at 3.0755 levels.
- Key resistances are seen 3.0755, 3.0970, 3.1048, 3.1128 and 3.1276 levels respectively.
- Alternatively, sustained close below 3.0514 will drag the parity down towards key supports around 3.0343, 3.0159, 2.9932, 2.9771, 2.9649, 2.9491, 2.9314, 2.9207, 2.9178, 2.9015 and 2.8847 thereafter.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go short on USD/TRY only below 3.0593, stop loss at 3.0755 and target of 3.0343.
