- EUR/KRW is currently trading around 1,306 mark.
- Pair made intraday high at 1,312 and low at 1,306 levels.
- Intraday bias remain slightly bearish till the time pair holds key resistance at 1,315 mark.
- A sustained close above 1,312 will take the parity higher towards key resistances around 1,332, 1,340, 1,356, 1,377 and 1,392 marks respectively.
- On the other side, a daily close below 1,312 will drag the parity down towards key supports around 1,305, 1,298, 1,291, 1,273, 1,264, 1,242 and 1,222 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Seoul shares open down 0.22 pct.
We prefer to take short position on EUR/KRW only below 1,305, stop loss at 1,315 and target of 1,298/1,291/1,273.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
FxWirePro: NZD/USD turns lower as USD regains footing
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
FxWirePro- Woodies pivot (Major)
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro- Major Crypto levels and bias summary
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 



