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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
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FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
- EUR/KRW is currently trading around 1,339 mark.
- It made intraday high at 1,340 and low at 1,336 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,336 mark.
- A sustained close above 1,336 will take the parity higher towards key resistances around 1,357, 1,377, 1,392, 1,400, 1,408 and 1,428 marks respectively.
- On the other side, a daily close below 1,336 will drag the parity down towards key supports around 1,325, 1,307, 1,298, 1,274 and 1,265 marks respectively.
- Important to note here that 20D, 30D and 55D EMA up and confirms the bullish trend in a daily chart.
- South Korea’s kospi was trading 1.08 pct lower at 1,859.20 points.
- South Korea’s PPI m/m stands at -0.8 pct vs -0.3 pct previous release (expected -0.5).
We prefer to take long position on EUR/KRW only above 1,342, stop loss at 1,330 and target of 1,357/1,377.
