- USD/KRW is currently trading around 1157 levels.
- It made intraday high at 1162 and low at 1145 levels.
- Intraday bias remains neutral till the time pair holds key support at 1145 mark.
- A sustained close below 1145 will tests key supports at 1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.
- Alternatively, a daily close above 1162 will drag the parity higher towards key resistances at 1168, 1172, 1176, 1182, 1196 (June 01, 2016 high), 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
- In addition, South Korea’s Kospi was trading 0.73% lower at 1,972.92 points.
We prefer to take short position in USD/KRW above 1160, stop loss 1175 and target 1138/ 1127 marks.


FxWirePro- Woodies Pivot(Major)
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD recovers slightly from early decline but bears are not done yet
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major European Indices 



