Thursday, October 15, 2026

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FxWirePro: EUR/KRW rejects key resistance at 1,260 mark, downside limited

EUR/KRW is currently trading around 1,253 mark. Pair made intraday high at 1,255 and low at 1,252 levels. Intraday bias remains slightly bearish till the time pair holds immediate resistance at 1,254 mark. A sustained cl…

By FxWirePro Team
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FxWirePro: EUR/KRW rejects key resistance at 1,260 mark, downside limited
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  • EUR/KRW is currently trading around 1,253 mark.
     
  • Pair made intraday high at 1,255 and low at 1,252 levels.
     
  • Intraday bias remains slightly bearish till the time pair holds immediate resistance at 1,254 mark.
     
  • A sustained close above 1,254 will take the parity higher towards key resistance around 1,260, 1,269 and 1,272 marks respectively.
     
  • Key supports are seen at 1,248, 1,242, 1,238, 1,227, 1,222 and 1,210 marks respectively.
     
  • Seoul shares open up 0.29 pct.

We prefer to go long on EUR/KRW around 1,250, with stop loss at 1,242 and target of 1,260/1,268/1,272.

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By FxWirePro Team