- USD/KRW is currently trading around 1143 levels.
- It made intraday high at 1146 and low at 1142 levels.
- Intraday bias remains neutral till the time pair holds key support at 1142 mark.
- A sustained break below 1142 will tests key supports 1134/1127 (October 2015 low) /1121/1115 levels respectively.
- Alternatively, reversal from key support will drag the parity higher towards key resistances at 1152, 1162, 1176, 1182, 1196, 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
- In addition, South Korea’s Kospi was trading 0.22% lower at 2,001.92 points.
- Today South Korea Central Bank holds base rate steady at 1.25 pct as widely expected.
We prefer to take short position in USD/KRW only below 1142, stop loss 1157 and target 1127 marks.


FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro- Woodies Pivot(Major)
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 



