- USD/KRW is currently trading around 1,186 levels.
- It made intraday high at 1,186 and low at 1,183 marks.
- Intraday bias remains bullish till the time pair holds key support at 1,172 levels.
- A daily close above 1,187 will drag the parity higher towards key resistances at 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 1,186 will test key supports at 1,172/1,168/1,160/1,152/1,146/1,132/1,127/1,117/1,111/1,101 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in USD/KRW only above 1,186, stop loss at 1,176 and target of 1,196/1,201.


FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Woodies pivot (Major)
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD retreats as Middle East instability weighs
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data 



