CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
- USD/KRW is currently trading around 1,173 levels.
- It made intraday high at 1,177 and low at 1,172 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1,182 levels.
- A daily close above 1,172 will drag the parity higher towards key resistances at 1,178, 1,182, 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 1,172 will test key supports at 1,165/1,160/1,152/1,146/1,132/1,127/1,117/1,111/1,101 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 around 1,168, stop loss at 1,160 and target of 1,182/1,196.
