FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 
FxWirePro:' USD/CAD faces downside risk below 1.4000 
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch 
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies 
FxWirePro: EUR/AUD slips after surprise U.S. employment data 
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217 
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD range bound ahead of RBA policy decision 
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch 
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 
FxWirePro : EUR/NZD slips lower after soft US jobs report 
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660 
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50 
- USD/KRW is currently trading around 1161 levels.
- It made intraday high at 1162 and low at 1159 marks.
- Intraday bias remains bullish till the time pair holds key support at 1152 marks.
- A sustained close below 1152 will tests key supports at 1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.
- Alternatively, current upside movement will drag the parity higher towards key resistances at 1168, 1176, 1182, 1196 (June 01, 2016 high), 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
- Yesterday BOK cuts base rate by 25 bps to record-low 1.25 pct vs 1.50 pct previous release.
- Today South Korea Central bank chief said, ‘Bank plans to keep monetary policy accommodative but it will be difficult for domestic economy to escape low growth, low inflation quickly’.
We prefer to take long position in USD/KRW only above 1162, stop loss 1152 and target 1176/ 1182 marks.
