- USD/KRW is currently trading around 1,171 levels.
- It made intraday high at 1,172 and low at 1,170 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1,172 levels.
- A daily close above 1,172 will
drag the parity higher towards key resistances at 1,182, 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 1,172 will test key supports at 1,162/1,152/1,146/1,132/1,127/1,117/1,111/1,101/1,089/1,078/1,063/1,044 levels respectively.
- Seoul shares open up 0.11 pct at 1976.58.
We prefer to go short on USD/KRW around 1,170, stop loss at 1,176 and target of 1,162/1,152.


FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210?
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro- Major European Indices
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 



