- EUR/KRW is currently trading around 1,320 mark.
- Pair made intraday high at 1,322 and low at 1,320 levels.
- Intraday bias remains neutral till the time pair holds immediate resistance at 1,324 mark.
- A sustained close above 1,321 will take the parity higher towards key resistances around 1,332, 1,338, 1,356, 1,377 and 1,392 marks respectively.
- On the other side, a daily close below 1,321 will drag the parity down towards key supports around 1,312, 1,308, 1,290, 1,273 and 1,264 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Korea, South Feb PPI growth decrease to 0.4 % vs previous 0.5 % (revised from 0.4 %).
- Korea, South Feb PPI growth y/y increase to 1.3 % vs previous 1.2 %.
- Seoul shares open down 0.74 pct.
We prefer to take long position on EUR/KRW only above 1,322, stop loss at 1,312 and target of 1,338/1,356.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major European Indices
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:EUR/AUD eases but bullish outlook persists 



