- USD/KRW is currently trading around 1,127 levels.
- It made intraday high at 1,127 and low at 1,125 levels.
- Intraday bias remains neutral for the moment.
- A sustained close below 1128(October 2015 low) will tests key supports at 1121/1115/1101/1095/1078/1063 levels respectively.
- Alternatively, reversal from immediate support will drag the parity higher towards key resistances at 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 0.45 percent lower at 2,016.28 points.
We prefer to take short position in USD/KRW only below 1,126 with stop loss at 1,142 and target 1,115/1101.


FxWirePro- Major Pair levels and bias summary
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: NZD/USD downside pressure builds, key support level in focus 



