- EUR/KRW is currently trading around 1,328 mark.
- Pair made intraday high at 1,330 and low at 1,327 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,325 mark.
- A sustained close above 1,330 will take the parity higher towards key resistances around 1,338, 1,347, 1,355, 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,325 will drag the parity down towards key supports around 1,320, 1,313 and 1,302 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- Seoul shares open down 0.12 pct.
- South Korea Q3 GDP growth Q/Q advance increase to 1.4 % vs previous 0.6 %.
- South Korea Q3 GDP growth y/y advance increase to 3.6 % vs previous 2.7 %.
We prefer to take short position on EUR/KRW only below 1,325, stop loss at 1,338 and target of 1,313.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: USD/CAD eases slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD eases slightly, focus on near-term support
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro- Woodies pivot (Major)
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 



