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FxWirePro- Woodies Pivot(Major) 
- USD/KRW is currently trading around 1,124 levels.
- It made intraday high at 1,127 and low at 1,122 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 1,128 levels.
- A sustained close below 1,112 will test key supports at 1,107/1,092/1,078/1,063/1044 levels respectively.
- Alternatively, a daily close above 1,128 will drag the parity higher towards key resistances at 1,128, 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 around 0.35 percent lower at 2,030 points.
We prefer to take short position in USD/KRW around 1,126 with stop loss at 1,132 and target of 1,107.
