TRUMP SAYS TONIGHT I ORDERED A TARGETED MILITARY STRIKE ON AIRFIELD IN SYRIA FROM WHICH THE CHEMICAL ATTACK WAS LAUNCHED
EUR/KRW is currently trading around 1,209 mark. Pair made intraday high at 1,210 and low at 1,201 levels. Intraday bias remains bullish till the time pair holds key support at 1,200 mark. A daily close below 1,201will dr…
Pair made intraday high at 1,210 and low at 1,201 levels.
Intraday bias remains bullish till the time pair holds key support at 1,200 mark.
A daily close below 1,201will drag the parity down towards key supports around 1.194, 1,188, 1,178, 1,163 and 1,154 marks respectively.
Alternatively, a sustained close above 1,201 will take the parity higher towards key resistances around 1,214, 1,228, 1,233, 1,242 and 1,252marks respectively.
Seoul shares open up 0.10 pct at 2154.87.
Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to take long position in EUR/KRW around 1,205, stop loss at 1,198 and target of 1,214/1,228.
