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FxWirePro: EUR/KRW resumes trading on a flat note, sustained close above 1,333 requires for upside rally

  • EUR/KRW is currently trading around 1,327 mark.
     
  • It made intraday high at 1,328 and low at 1,326 levels.
     
  • Intraday bias remains neutral for the moment.
     
  • A sustained close above 1,333 will take the parity higher towards key resistances around 1,340, 1,358, 1,363, 1,377 and 1,392 marks respectively.
     
  • On the other side, a daily close below 1,326 will drag the parity down towards key supports around 1,317, 1,302, 1,294, 1,287, 1,278 and 1,268 marks respectively.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
     
  • Seoul shares open down 0.05 pct.

We prefer to take long position on EUR/KRW only above 1,333, stop loss 1,320 and target of 1,358.

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ARAnnual Primary Balance*

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2016 bln ARS

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January 22 19:00 UTC 736605736605m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 724785724785m

ARAnnual Primary Balance*

Actual

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 724785724785m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 724785724785m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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