- EUR/KRW is currently trading around 1,318 mark.
- It made intraday high at 1,321 and low at 1,316 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1,337 mark.
- A sustained close above 1,337 will take the parity higher towards key resistances around 1,358, 1,377, 1,392, 1,400, 1,408 and 1,428 marks respectively.
- On the other side, a daily close below 1,320 will drag the parity down towards key supports around 1,307, 1,298, 1,274 and 1,265 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 1.04 pct higher at 1,810.58 points.
- South Korea’s current account stands at 6.41B vs 1.01B previous release (expected 1.09B).
We prefer to take short position on EUR/KRW around 1,320, stop loss at 1,340 and target of 1,298/1,274.


FxWirePro- Major European Indices
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro- Major Crypto levels and bias summary
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: GBP/USD recovers but bears are not done yet again
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro- Major Pair levels and bias summary
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro- Major Pair levels and bias summary 



