- EUR/KRW is currently trading around 1,289 mark.
- Pair made intraday high at 1,290 and low at 1,281 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 1,278 mark.
- A sustained close above 1,286 will take the parity higher towards key resistances around 1,294, 1,302, 1,313, 1,327, 1,338, 1,347, 1,355, 1,363, 1,377 and 1,390 marks respectively.
- On the other side, a daily close below 1,286 will drag the parity down towards key supports around 1,278, 1,273, 1,264, 1,253 and 1,234 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- Seoul shares open up 0.46 pct.
- Korea, South Nov 2017 consumer sentiment index increase to 112 balance vs previous 109 balance.
We prefer to take short position on EUR/KRW only below 1,278, stop loss at 1,294 and target of 1,264.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: GBP/AUD edges lower, bearish outlook persists
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: USD/ZAR extends decline, scope for further downside
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data 



