- USD/KRW is currently trading around 1156 levels.
- It made intraday high at 1157 and low at 1154 marks.
- Intraday bias remains neutral till the time pair holds key support at 1152 mark.
- A sustained close below 1152 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 0.24% higher at 1,987.38 points.
We prefer to take short position in USD/KRW only below 1152, stop loss 1168 and target 1142 marks.


FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro: GBP/USD dips on UK GDP data miss
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Pair levels and bias summary
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro- Major Crypto levels and bias summary 



