- USD/KRW is currently trading around 1,205 levels.
- It made intraday high at 1,205 and low at 1,201 marks.
- Intraday bias remains bullish till the time pair holds key support at 1,194 levels.
- A daily close above 1,206 will drag the parity higher towards key resistances at 1,209 (20D EMA), 1,220 (March 03, 2016 high) and 1,244 marks respectively.
- On the other side, a sustained close below 1,194 will test key supports at 1,182/1,172/1,168/1,160/1,152/1,146/1,132/1,127/1,117/1,111/1,101 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Korea Central bank says debt-servicing ability may fall at some households as interest rate rises.
- South Korea Central bank says level of private sector leverage worsened in Q3 2016 vs 2015- end.
We prefer to take long position in USD/KRW around 1,202, stop loss at 1,194 and target of 1,220/1,228.


FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Woodies pivot (Major)
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro- Major Pair levels and bias summary
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
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 



