- EUR/KRW is currently trading around 1,286 mark.
- Pair made intraday high at 1,288 and low at 1,285 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1,302 mark.
- A sustained close above 1,287 will take the parity higher towards key resistances around 1,302, 1,313, 1,327, 1,338, 1,347, 1,355, 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,287 will drag the parity down towards key supports around 1,277, 1,264, 1,253 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 Korea Oct PPI growth y/y decrease to 3.5 % vs previous 3.8 % (revised from 3.6 %).
- South Korea Oct PPI growth decrease to 0.0 % vs previous 0.7 % (revised from 0.5 %).
- Seoul shares open up 0.11 pct.
We prefer to take short position on EUR/KRW around 1,290, stop loss at 1,302 and target of 1,277/1,264.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ NZD under pressure after early buying dries up
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile
FxWirePro- Woodies pivot (Major)
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
FxWirePro: EUR/AUD edges higher but bearish outlook persists 



