EUR/KRW is currently trading around 1,254 mark. Pair made intraday high at 1,255 and low at 1,252 levels. Intraday bias remains bullish till the time pair holds key support at 1,250 mark. A sustained close above 1,252 wi…
Pair made intraday high at 1,255 and low at 1,252 levels.
Intraday bias remains bullish till the time pair holds key support at 1,250 mark.
A sustained close above 1,252 will take the parity higher towards key resistances around 1,262, 1,268, 1,275, 1,280, 1,287 and 1,301 marks respectively.
On the other side, a consistent close below 1,252 will drag the parity down towards key supports around 1,242, 1,235, 1,229, 1,222, 1,218, 1,209, 1,203, 1,199 and 1,163 marks respectively.
Seoul shares open down 0.01 pct.
We prefer to go long on EUR/KRW around 1,253 with stop loss at 1,250 and target of 1,262/1,268.
