- USD/KRW is currently trading around 1,174 levels.
- It made intraday high at 1,175 and low at 1,171 marks.
- Intraday bias remains bullish till the time pair holds key support at 1,164 levels.
- A daily close above 1,170 will drag the parity higher towards key resistances at 1,178, 1,185, 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 1,170 will test key supports at 1,162/1,152/1,146/1,132/1,127/1,117/1,111/1,101 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 1,172, stop loss at 1,164 and target of 1,187/1,196.


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- Woodies Pivot(Major)
FxWirePro: GBP/NZD edges up, remains on front foot
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro: EUR/AUD eases as market awaits Iran deadline
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 



