- EUR/KRW is currently trading around 1,368 mark.
- It made intraday high at 1,368 and low at 1,352 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,336 mark.
- A sustained close above 1,351 will take the parity lower towards key resistances around 1,374, 1,390, 1,400, 1,408 and 1,428 marks respectively.
- On the other side, a daily close below 1,336 will drag the parity down towards key supports around 1,318, 1,307, 1,298, 1,274, 1,265, 1,244 and 1,222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA up and confirms the bullish trend in a daily chart.
- South Korea’s kospi was trading 7.35 pct lower at 1,699.07 points.
- South Korea’s export price index stands at -1.8 pct vs -2.5 pct previous release (expected -2.6 pct).
- South Korea’s import price index stands at -0.9 pct vs 2.7 pct previous release (expected 4.6 pct).
We prefer to take long position on EUR/KRW around 1,362, stop loss at 1,350 and target of 1,374/1,390/1,400.


FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro- Major Pair levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major European Indices
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 



