- USD/KRW is currently trading around 1,123 levels.
- It made intraday high at 1,124 and low at 1,123 levels.
- Intraday bias remains bearish for the moment.
- A sustained close below 1,121 will test key supports at 1,115/1,101/1,095/1,078/1,063 levels respectively.
- Alternatively, reversal from immediate support will drag the parity higher towards key resistances at 1,138, 1,142, 1,152, 1,162, 1,176, 1,182, 1,196, 1,201, 1,209 (20D EMA) and 1,220 (March 03, 2016 high) marks respectively.
- In addition, South Korea’s Kospi was trading 0.13 percent higher at 2,023.28 points.
We prefer to take short position in USD/KRW only below 1,121 with stop loss at 1,138 and target 1,101.


FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Major Pair levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 



