- EUR/KRW is currently trading around 1,343 mark.
- Pair made intraday high at 1,345 and low at 1,341 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 1,349 mark.
- A sustained close above 1,349 will take the parity higher towards key resistances around 1,356, 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,345 will drag the parity down towards key supports around 1,338, 1,326, 1,320, 1,313, 1,302, 1,290, 1,277, 1,265 and 1,247 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 July current account balance increases to 7.02 bln USD vs previous 5.08 bln USD.
- South Korea August FX reserves increase to 384.84 bln USD vs previous 383.76 bln USD.
- Seoul shares open up 0.47 pct.
We prefer to take long position on EUR/KRW only above 1,349, stop loss at 1,338 and target of 1,363.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD outlook weaker on renewed downside pressure
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: AUD/USD bulls gain momentum heading into the year end
AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD dips below lower range, bearish bias increases
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now”
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/ NZD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD dips below lower range, bearish bias increases 



