- USD/KRW is currently trading around 1,150levels.
- Pair made intraday high at 1,152 and low at 1,149 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1,152 marks.
- A daily close above 1,149 will drag the parity higher towards key resistances at 1,155, 1,168, 1,172, 1,186, 1,197, 1,203, 1,211 marks respectively.
- On the other side, a sustained close below 1,149 will test key supports at 1,142/1,133/1,124/1,117/1,107 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/KRW around 1,150, stop loss 1,155 and target of 1,142/1,132/1,127.


FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: AUD/USD eases as investors await U.S. employment figures
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro- Major Crypto levels and bias summary 



