Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
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FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
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EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
- EUR/KRW is currently trading around 1,280 mark.
- Pair made intraday high at 1,282 and low at 1,280 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,277 mark.
- A sustained close above 1,281 will take the parity higher towards key resistances around 1,288, 1,294, 1,302, 1,315 and 1,327 marks respectively.
- On the other side, a daily close below 1,281 will drag the parity down towards key supports around 1,277, 1,267, 1,258, 1,246, 1,234, 1,222, 1,205 and 1,188 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Seoul shares open up 0.01 pct.
- Korea, South May 2018 PPI growth yy increase to 2.2 (previous 1.7).
- Korea, South May 2018 PPI growth increase to 0.2 (previous 0.1).
We prefer to take short position on EUR/KRW only below 1,277, stop loss at 1,288 and target of 1,258.
