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- EUR/KRW is currently trading around 1,234 mark.
- Pair made intraday high at 1,236 and low at 1,232 levels.
- Intraday bias remains bearish till the time pair holds immediate resistance at 1,238 mark.
- A sustained close above 1,232 will take the parity higher towards key resistance around 1,238, 1,242, 1,252, 1,260, 1,269 and 1,272 marks respectively.
- Key supports are seen at 1,232, 1,227, 1,222 and 1,210 marks respectively.
- Seoul shares open up 0.36 pct at 2031.22.
We prefer to go short on EUR/KRW only below 1,232, with stop loss at 1,242 and target of 1,222/1,210.
