- EUR/KRW is currently trading around 1,257 mark.
- Pair made intraday high at 1,257 and low at 1,253 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1,262 mark.
- A sustained close above 1,262 will take the parity higher towards key resistances around 1,280, 1,294, 1,302, 1,315 and 1,327 marks respectively
. - On the other side, a daily close below 1,246 will drag the parity down towards key supports around 1,234, 1,222, 1,205 and 1,188 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Seoul shares open up 0.59 pct.
We prefer to take long position on EUR/KRW only above 1,262, stop loss at 1,246 and target of 1,280.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Woodies pivot (Major)
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 



