- EUR/KRW is currently trading around 1,343 mark.
- Pair made intraday high at 1,345 and low at 1,341 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1,349 mark.
- A sustained close above 1,349 will take the parity higher towards key resistances around 1,356, 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,345 will drag the parity down towards key supports around 1,338, 1,326, 1,320, 1,313, 1,302, 1,290, 1,277, 1,265 and 1,247 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Korea July current account balance increases to 7.02 bln USD vs previous 5.08 bln USD.
- South Korea August FX reserves increase to 384.84 bln USD vs previous 383.76 bln USD.
- Seoul shares open up 0.47 pct.
We prefer to take long position on EUR/KRW only above 1,349, stop loss at 1,338 and target of 1,363.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 



