- USD/KRW is currently trading around 1146 levels.
- It made intraday high at 1151 and low at 1145 levels.
- Pair hits fresh 4 –month low at 1136 and on the very next day hit key resistance at 1153 after NFP results but unable to sustain above 1153 marks.
- Intraday bias remains bearish for the moment.
- A daily close below 1142 will tests key supports at 1129/1122 marks respectively.
- On the other side, reversal from key support targets key resistances at 1153/1172/1180/1193 marks.
- Important to note here that, 20D, 30D and 55D EMA heads down and confirms bearish trend.
We prefer to take short position in USD/KRW around 1147, stop loss 1155 and target 1129/1122 levels.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro- Major Pair levels and bias summary
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
FxWirePro: GBP/NZD edges up, remains on front foot
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro- Major European Indices
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 



