- EUR/KRW is currently trading around 1,269 mark.
- Pair made intraday high at 1,271 and low at 1,266 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,262 mark.
- A sustained close above 1,268 will take the parity higher towards key resistances around 1,275, 1,280, 1,287 and 1,301 marks respectively.
- On the other side, a consistent close below 1,262 will drag the parity down towards key supports around 1,253, 1,242, 1,232, 1,229, 1,222, 1,218, 1,209, 1,203, 1,199 and 1,163 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Korea’s December Nikkei Markit manufacturing PMI increases to 49.4 vs previous 48.0.
We prefer to go long on EUR/KRW only above 1,270 with stop loss at 1,263 and target of 1,275/1,287.


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro- Major Pair levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major European Indices
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level 



