FxWirePro: EUR/KRW trades in narrow range, bias remains neutral

• EUR/KRW is currently trading around 1,237 mark.
   
• Pair made intraday high at 1,239 and low at 1,236 levels.
   
• Intraday bias remains neutral till the time pair holds immediate resistance at 1,242 mark.
   
• A sustained close above 1,242 will take the parity higher towards key resistance around 1,252, 1,260, 1,269 and 1,272 marks respectively.
   
• On the other side, a consistent close below 1,232 will drag the parity down towards key supports around 1,227, 1,222 and 1,210 marks respectively.
   
• Seoul shares open down 0.04 pct at 2026.39.

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.