- EUR/KRW is currently trading around 1,271 mark.
- It made intraday high at 1,273 and low at 1,270 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1,270 mark.
- A sustained close above 1,270 will take the parity higher towards key resistances around 1,277, 1,282, 1,294, 1,307, 1,315 and 1,327 marks respectively.
- On the other side, a daily close below 1,270 will drag the parity down towards key supports around 1,257, 1,246, 1,234, 1,218 and 1,206 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Seoul shares open up 0.63 pct.
We prefer to take long position on EUR/KRW around 1,270, stop loss at 1,257 and target of 1,294.


FxWirePro: AUD/USD gains some ground but outlook is bearish
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 



