- EUR/KRW is currently trading around 1,330 mark.
- Pair made intraday high at 1,331 and low at 1,322 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,320 mark.
- A sustained close above 1,330 will take the parity higher towards key resistances around 1,338, 1,351 and 1,377 marks respectively.
- On the other side, a daily close below 1,320 will drag the parity down towards key supports around 1,313, 1,302, 1,290, 1,277, 1,265, 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 down 0.63 pct at 2379.70.
- South Korea July unemployment rate decrease to 3.6 % vs previous 3.8 %.
We prefer to take long position on EUR/KRW around 1,327, stop loss at 1,320 and target of 1,338/1,351.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 



