FxWirePro -Major European Indices 
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Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
- EUR/KRW is currently trading around 1,281 mark.
- Pair made intraday high at 1,281 and low at 1,277 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,277 mark.
- A sustained close above 1,277 will take the parity higher towards key resistances around 1,294, 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 1,277 will drag the parity down towards key supports around 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.
- South Korean banks will be closed in observance of National Liberation Day.
We prefer to take short position on EUR/KRW around 1,284, stop loss at 1,298 and target of 1,277/1,258.
