FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
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- EUR/KRW is currently trading around 1,280 mark.
- It made intraday high at 1,283 and low at 1,280 levels.
- Intraday bias remains neutral till the time pair moves in stiff boundaries from 1,290 to 1,274 mark
. - A sustained close above 1,284 will take the parity higher towards key resistances around 1,294, 1,307, 1,315 and 1,327 marks respectively.
- On the other side, a daily close below 1,276 will drag the parity down towards key supports around 1,270, 1,257, 1,246, 1,234, 1,218 and 1,206 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Seoul shares open down 0.54 pct.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
