- USD/KRW is currently trading around 1176 levels.
- It made intraday high at 1180 and low at 1176 marks.
- Intraday bias remains bullish till the time pair holds key support at 1162 marks.
- A sustained close below 1162 will tests key supports at 1152, 1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.
- Alternatively, a daily close above 1176 will drag the parity higher towards key resistances at 1182, 1196 (June 01, 2016 high), 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
- South Korea’s May unemployment rate stays flat at 3.7 % vs previous 3.7 %. In addition trade balance revised decrease to 7.0 bln $ vs previous 7.10 bln $.
- South Korea’s May import growth revised increase to -9 % vs previous -9.3 % and export growth revised stays flat at -6 % vs previous -6 %.
- In addition, South Korea’s Kospi was trading flat at 1,972.17 points.
We prefer to take long position in USD/KRW only above 1176, stop loss 1162 and target 1182 marks.


FxWirePro- Major European Indices
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro- Major Pair levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
FxWirePro- Woodies Pivot(Major)
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites 



