- USD/KRW is currently trading around 1,128 levels.
- Pair made intraday high at 1,134 and low at 1,127 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1,140 marks.
- A daily close above 1,132 will drag the parity higher towards key resistances at 1,140, 1,155, 1,168, 1,172, 1,186, 1,197, 1,203, 1,211 marks respectively.
- On the other side, a sustained close below 1,132 will test key supports at 1,127/1,120/1,112/1,107 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position in USD/KRW only below 1,127, stop loss 1,140 and target of 1,120/1,112.


Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD reverses course, bias back to downside
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows 



