Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
FxWirePro: AUD/USD slips amid wavering risk sentiment 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/JPY holds range near 160 as intervention risks loom 
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet 
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High 
FxWirePro: USD/JPY edges up as yen dips after soft household spending data 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD edges up, remains on front foot 
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites 
- USD/KRW is currently trading around 1,158 levels.
- It made intraday high at 1,161 and low at 1,156 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1,162 levels.
- A daily close above 1,162 will drag the parity higher towards key resistances at 1,172, 1,178, 1,185, 1,196, 1,201, 1,209 (20D EMA) and 1,220 (March 03, 2016 high) marks respectively.
- On the other side, a sustained close below 1,152 will test key supports at 1,146/1,132/1,127/1,117/1,111/1,101 levels 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.
- South Korea’s finance ministry says economic recovery sluggish due to weak production, investment.
- South Korea’s finance ministry says concerned about risks spreading from domestic issues, hitting consumption, investment.
We prefer to take short position in USD/KRW only below 1,152, stop loss at 1,162 and target of 1,145/1,130.
