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FxWirePro- Major European Indices 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major European Indices 
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FxWirePro- Woodies Pivot(Major) 
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FxWirePro- Major Pair levels and bias summary 
- EUR/KRW is currently trading around 1,269 mark.
- Pair made intraday high at 1,275 and low at 1,262 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,259 mark.
- A sustained close above 1,263 will take the parity higher towards key resistances around 1,275, 1,280, 1,287 and 1,301 marks respectively.
- On the other side, a consistent close below 1,263 will drag the parity down towards key supports around 1,253, 1,242, 1,232, 1,229, 1,222, 1,218, 1,209, 1,203, 1,199 and 1,163 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Korea’s December CPI growth y/y stays flat at 1.3 % (forecast 1.30 %) vs previous 1.3 %.
- South Korea’s December CPI growth increases to 0.1 % (forecast 0.20 %) vs previous -0.1 %.
We prefer to go long on EUR/KRW around 1,268 with stop loss at 1,259 and target of 1,275/1,287.
