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KRW Major pair technicals

USD /KRW: USD/KRW is trading near major support of 1099 (Cloud Top) and any break below will drag the pair further down till 1093/1083 (200 day EMA). Overall trend is still weak as long as resistance 1115 (Kijun-Sen) hol…

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USD /KRW:

USD/KRW is trading near major support of 1099 (Cloud Top) and any break below will drag the pair further down till 1093/1083 (200 day EMA). Overall trend is still weak as long as resistance 1115 (Kijun-Sen) holds.   

EUR/KRW:

EUR/KRW major support is around 1185 and any break below will drag the pair further down till 1150/1137 (61.8% projection of 1400 to 1185 from 1270).Short term trend reversal only above 1220.

GBP/KRW:

GBP/KRW is facing support around 1635 and below could pave way for next target 1626/1615.

Short term bullishness can be seen only above 1657 level.Above that level it will reach 168/1675.

JPY/KRW:

JPY/KRW is currently trading around 9.169 below short term support 9.195 and is expected to reach 9.120 term trend reversal only above 9.36.

CHF/KRW:

CHF/KRW has formed a temporary top around 1277 and is retreating from that level. The pair's major support is around 1135 (200 day MA) and break below will drag the pair further down till term trend reversal only above 1165.

AUD/KRW:

AUD/KRW is currently trading near 839 (Feb 2nd low) and any break below will drag the pair further down till 821/806 in short term.

Short term trend reversal only above 878.

 

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