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Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
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- EUR/KRW is currently trading around 1,276 mark.
- It made intraday high at 1,276 and low at 1,275 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. Current upside movement is short term trend correction only.
- Seoul shares open up 0.36 pct.
We prefer to take long position on EUR/KRW only above 1,278, stop loss 1,269 and target of 1,294.
