- EUR/KRW is currently trading around 1,294 mark.
- It made intraday high at 1,298 and low at 1,291 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 1,302 mark.
- A sustained close above 1,295 will take the parity higher towards key resistances around 1,302, 1,323, 1,347 and 1,363 marks respectively.
- On the other side, a daily close below 1,282 will drag the parity down towards key supports around 1,274, 1,265 and 1,244 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Korea’s manufacturing PMI stands at 50.1 vs 49.4 pct previous release.
- South Korea’s kospi was trading 0.25 pct lower at 2,192.25 points.
We prefer to take short position on EUR/KRW around 1,295, stop loss at 1,302 and target of 1,282/1,274.


Gold Surges Above $4100 Amid Geopolitical Tensions: Buy Dips Toward $4247
FxWirePro: GBP/USD climbs to three-week peak
AUDJPY Pulls Back as Yen Momentum Returns: Sell Rallies Near 112.60 Targeting 110
FxWirePro: GBP/AUD steadies around 1.9310,retains bid tone
FxWirePro: USD/JPY eases as intervention risk and geopolitics engage in a fierce tug-of-war.
FxWirePro- Major Crypto levels and bias summary
GBPJPY Eases on Profit Booking: Bullish Momentum Holds, Buy Dips Toward 220
AUDJPY Consolidates in Tight Range: Sell Rallies as Longer-Term EMAs Turn Bearish
ETHUSD Bullish Momentum: Follows BTC Above All EMAs, Buy Dips Near $1750 Targeting $2300
FxWirePro: NZD/USD hits three-week high, scope for further upside
FxWirePro: NZD/USD extends rally as markets price in hikes
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD climbs to one-month high as dollar dips
FxWirePro: AUD/USD edges higher as USD weakens broadly
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary 



