- EUR/KRW is currently trading around 1,330 mark.
- Pair made intraday high at 1,330 and low at 1,328 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 1,340 mark.
- A sustained close above 1,329 will take the parity higher towards key resistances around 1,340, 1,347, 1,355, 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,329 will drag the parity down towards key supports around 1,326, 1,320, 1,313 and 1,302 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- Seoul shares open up 0.39 pct.
We prefer to take short position on EUR/KRW around 1,332, stop loss at 1,340 and target of 1,320.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: NZD/USD retreats as Middle East instability weighs
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro: AUD/USD eases as investors await U.S. employment figures
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: USD/CAD eases slightly but trend is still bullish
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro: GBP/AUD eases slightly, focus on near-term support
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro- Major Crypto levels and bias summary 



