FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro- Major European Indices 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
- EUR/KRW is currently trading around 1,318 mark.
- It made intraday high at 1,318 and low at 1,315 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1,317 mark.
- A sustained close above 1,317 will take the parity higher towards key resistances around 1,327, 1,347, 1,363, 1,373, 1,410 and 1,434 marks respectively.
- On the other side, a daily close below 1,313 will drag the parity down towards key supports around 1,302, 1,294, 1,287, 1,278 and 1,268 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Korea’s kospi was trading 0.83 pct lower at 2,083.26 points.
We prefer to take long position on EUR/KRW only above 1,322, stop loss 1,313 and target of 1,347.
