EUR/KRW is currently trading around 1,378 mark.
It made intraday high at 1,385 and low at 1,376 levels.
Intraday bias remains bullish till the time pair holds key support at 1,336 mark.
A sustained close above 1,377 will take the parity lower towards key resistances around 1,392, 1,400, 1,408 and 1,428 marks respectively.
On the other side, a daily close below 1,351 will drag the parity down towards key supports around 1,336, 1,318, 1,307, 1,298, 1,274, 1,265, 1,244 and 1,222 marks respectively.
Important to note here that 20D, 30D and 55D EMA up and confirms the bullish trend in a daily chart.
South Korea’s kospi was trading 1.19 pct lower at 1,693.96 points.
BOK’s interest rate stands at 0.75 pct vs 1.25 pct previous release.
We prefer to take long position on EUR/KRW around 1,375, stop loss at 1,350 and target of 1,390/1,408/1,428.


FxWirePro: EUR/AUD poised for further downside after key fibo break
China’s Growth Faces Structural Challenges Amid Doubts Over Data
FxWirePro: USD/ CNY gains some upside momentum but still bearish
U.S. Stock Futures Rise as Trump Takes Office, Corporate Earnings Awaited
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
Why your retirement fund might soon include cryptocurrency
FxWirePro- Major US Indices
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
SoftBank Eyes Up to $25B OpenAI Investment Amid AI Boom
Ferrari Group to Launch IPO in Amsterdam, Targets Over $1 Billion Valuation
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Why the Middle East is being left behind by global climate finance plans
KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards 



