- USD/KRW is currently trading around 1,144 levels.
- Pair made intraday high at 1,145 and low at 1,133 marks.
- Intraday bias remains bullish for the moment.
- A daily close above 1,134 will drag the parity higher towards key resistances at 1,148, 1,155, 1,168, 1,172, 1,186, 1,197, 1,203, 1,211 marks respectively.
- On the other side, a sustained close below 1,134 will test key supports at 1,124/1,117/1,107 levels respectively.
- 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 USD/KRW around 1,142, stop loss 1,134 and target of 1,158/1,162.


FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro-Major European Indices
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback 



