FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
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FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
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FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
- EUR/KRW is currently trading around 1,313 mark.
- It made intraday high at 1,314 and low at 1,312 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,305 mark.
- A sustained close above 1,310 will take the parity higher towards key resistances around 1,319, 1,327, 1,347, 1,363, 1,373, 1,410 and 1,434 marks respectively.
- On the other side, a daily close below 1,302 will drag the parity down towards key supports around 1,294, 1,287, 1,278 and 1,268 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.
- South Korea’s Kospi was trading 0.09 point lower at 2,080.75.
We prefer to take long position on EUR/KRW around 1,310, stop loss at 1,301 and target of 1,319/1,327.
