- EUR/KRW is currently trading around 1,296 mark.
- Pair made intraday high at 1,297 and low at 1,293 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,289 mark.
- A sustained close above 1,295 will take the parity higher towards key resistances around 1,301, 1,307, 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 1,289 will drag the parity down towards key supports around 1,279, 1,268 and 1,253 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Seoul shares open down 0.03 pct.
We prefer to take short position on EUR/KRW only below 1,289, stop loss at 1,307 and target of 1,253.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro- Major Crypto levels and bias summary
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/CAD pauses decline,critical support lies ahead
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 



