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- EUR/KRW is currently trading around 1,253 mark.
- Pair made intraday high at 1,255 and low at 1,252 levels.
- Intraday bias remains slightly bearish till the time pair holds immediate resistance at 1,254 mark.
- A sustained close above 1,254 will take the parity higher towards key resistance around 1,260, 1,269 and 1,272 marks respectively.
- Key supports are seen at 1,248, 1,242, 1,238, 1,227, 1,222 and 1,210 marks respectively.
- Seoul shares open up 0.29 pct.
We prefer to go long on EUR/KRW around 1,250, with stop loss at 1,242 and target of 1,260/1,268/1,272.
