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FxWirePro- Major European Indices 
- EUR/KRW is currently trading around 1,354 mark.
- Pair made intraday high at 1,360 and low at 1,352 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1,359 mark.
- A sustained close above 1,359 will take the parity higher towards key resistances around 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,359 will drag the parity down towards key supports around 1,346, 1,340, 1,326, 1,320, 1,313, 1,302, 1,290, 1,277, 1,265 and 1,247 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- Seoul shares open up 0.48 pct.
We prefer to take long position on EUR/KRW only above 1,359, stop loss at 1,346 and target of 1,377/1,390.
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