- EUR/KRW is currently trading around 1,349 mark.
- Pair made intraday high at 1,352 and low at 1,348 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,343 mark.
- A sustained close above 1,349 will take the parity higher towards key resistances around 1,355, 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,349 will drag the parity down towards key supports around 1,343, 1,334, 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.
- Seoul shares open down 0.39 pct.
- South Korea August export growth revised decrease to 17.3 % vs previous 17.4 %.
- South Korea August import growth revised increase to 15.3 % vs previous 14.2 %.
- South Korea August trade balance revised decrease to 6.60 bln usd vs previous 7.01 bln usd.
We prefer to take long position on EUR/KRW around 1,347, stop loss at 1,340 and target of 1,355/1,363.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/ NZD neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD bulls gain momentum heading into the year end
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
Bitcoin Stalls on Boxing Day: Flat at $87K Amid Bearish EMAs – But CCI Signals Buy Dips to $85K for $100K+ Targets
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 



