- USD/KRW is currently trading around 1,114.20 levels.
- It made intraday high at 1,116 and low at 1,110 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,105 levels.
- A sustained close below 1,105 will test key supports at 1,101/1,095/1,078/1,063 levels respectively.
- Alternatively, reversal from immediate support will drag the parity higher towards key resistances at 1,117, 1,124, 1,138, 1,142, 1,152, 1,162, 1,176, 1,182, 1,196, 1,201, 1,209 (20D EMA) and 1,220 (March 03, 2016 high) marks respectively.
- In addition, South Korea’s Kospi was trading 0.60 percent higher at 2,011.59 points.
We prefer to take short position in USD/KRW only below 1,105 with stop loss at 1,122 and target 1,078.


FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: AUD/USD dips on soft China data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro: USD/CAD pauses decline,critical support lies ahead
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 



