- 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.


FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: GBP/NZD stuck in range but outlook is bullish
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 



