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FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

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FxWirePro: South Korean won falls by 1 pct against US dollar, good to buy on dips

Thursday, April 14, 2016 1:49 AM UTC

USD/KRW is currently trading around 1155 levels.
It made intraday high at 1156 and low at 1144 levels.
Intraday bias remains bullish for the moment.
A daily close above 1153 will drag the parity up towards key resistances at 1168/1172/1180/1193 marks.
Alternatively, a sustained close below 1142 tests key supports at 1129/1122 marks respectively.

We prefer to take long position in USD/KRW above 1153, stop loss 1141 and target 1172 levels.

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FxWirePro: South Korean won falls by 1 pct against US dollar, good to buy on dips

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