- USD/KRW is currently trading around 1,112 levels.
- It made intraday high at 1,112 and low at 1,110 levels.
- Intraday bias remains neutral till the time pair holds key support at 1,105 levels.
- A sustained close below 1,105 will test key supports at 1,101/1,095/1,078/1,063 levels respectively.
- Alternatively, reversal from immediate support will drag the parity higher towards key resistances at 1,117, 1,124, 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 0.60 percent higher at 2,011.59 points.
We prefer to take long position in USD/KRW only above 1,117 with stop loss at 1,105 and target 1,142.


FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major European Indices
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major) 



