- EUR/KRW is currently trading around 1,275 mark.
- It made intraday high at 1,275 and low at 1,273 levels.
- Intraday bias remains neutral till the time pair moves in stiff boundaries from 1,270 to 1,290 mark.
- A sustained close above 1,278 will take the parity higher towards key resistances around 1,289, 1,294, 1,307, 1,315 and 1,327 marks respectively.
- On the other side, a daily close below 1,265 will drag the parity down towards key supports around 1,257, 1,246 and 1,234 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Seoul shares open down 0.01 pct.
We prefer to take short position on EUR/KRW only below 1,269, stop loss 1,277 and target of 1,265/1,257/1,246.


FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Woodies pivot (Major)
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113 



