- USD/KRW is currently trading around 1,165 levels.
- It made intraday high at 1,168 and low at 1,163 marks.
- Intraday bias remains bullish till the time pair holds key support at 1,157 levels.
- A daily close above 1,168 will drag the parity higher towards key resistances at 1,172, 1,178, 1,185, 1,196, 1,201, 1,209 (20D EMA) and 1,220 (March 03, 2016 high) marks respectively.
- On the other side, a sustained close below 1,157 will test key supports at 1,152/1,146/1,132/1,127/1,117/1,111/1,101 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in USD/KRW only above 1,168, stop loss at 1,157 and target of 1,178/1,187.


FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major Crypto levels and bias summary 



