- EUR/KRW is currently trading around 1,272 mark.
- Pair made intraday high at 1,272 and low at 1,268 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,265 marks.
- A sustained close above 1,275 will take the parity higher towards key resistances around 1,287 and 1,304 marks respectively.
- On the other side, a daily close below 1,265 will drag the parity down towards key supports around 1,255, 1,247, 1,234, 1,225, 1,218, 1,207, 1,200, 1,194 and 1,189 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Seoul shares open up 0.05 pct at 2387.29.
We prefer to take long position in EUR/KRW around 1,270, stop loss 1,265 and target of 1,276/1,287/1,304.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: GBP/USD dips on UK GDP data miss
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: AUD/USD hovers near three –month high, scope for further upside
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report
FxWirePro- Major Pair levels and bias summary 



