- EUR/KRW is currently trading around 1,284 mark.
- Pair made intraday high at 1,286 and low at 1,281 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1,282 mark.
- A sustained close above 1,282 will take the parity higher towards key resistances around 1,288, 1,295, 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 1,282 will drag the parity down towards key supports around 1,275, 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. Current upside movement is short term trend correction only.
- Korea, South Nov 2017 consumer sentiment index increase to 112.3 vs previous 109 (revised from 112.3 ).
- Seoul shares open up 0.10 pct.
We prefer to take short position on EUR/KRW around 1,286, stop loss at 1,302 and target of 1,264.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro-Major European Indices
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
ETHUSD Dips to 2285 Then Rebounds on $150–$200M ETF Inflows and Altcoin Upside
FxWirePro: USD/ZAR slips as rand gains on peace talk hopes
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish
FxWirePro: GBP/USD gains on upbeat UK retail sales data
FxWirePro: EUR/AUD edges higher but bearish outlook persists
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro- Major Pair levels and bias summary 



