- USD/KRW is currently trading around 1,205 levels.
- It made intraday high at 1,205 and low at 1,201 marks.
- Intraday bias remains bullish till the time pair holds key support at 1,194 levels.
- A daily close above 1,206 will drag the parity higher towards key resistances at 1,209 (20D EMA), 1,220 (March 03, 2016 high) and 1,244 marks respectively.
- On the other side, a sustained close below 1,194 will test key supports at 1,182/1,172/1,168/1,160/1,152/1,146/1,132/1,127/1,117/1,111/1,101 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Korea Central bank says debt-servicing ability may fall at some households as interest rate rises.
- South Korea Central bank says level of private sector leverage worsened in Q3 2016 vs 2015- end.
We prefer to take long position in USD/KRW around 1,202, stop loss at 1,194 and target of 1,220/1,228.


AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Major US Indices
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro- Major European Indices
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro:EUR/AUD eases but bullish outlook persists
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Crypto levels and bias summary 



