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Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
- EUR/KRW is currently trading around 1,295 mark.
- Pair made intraday high at 1,295 and low at 1,293 levels.
- Intraday bias remains slightly bullish for the moment.
- A sustained close above 1,293 will take the parity higher towards key resistances around 1,302, 1,308, 1,315, 1,327, 1,338, 1,358 and 1,380 marks respectively.
- On the other side, a daily close below 1,293 will drag the parity down towards key supports around 1,282, 1,277, 1,267, 1,258, 1,246 and 1,234 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Seoul shares open up 0.41 pct.
We prefer to take long position on EUR/KRW around 1,294, stop loss at 1,289 and target of 1,302/1,308.
