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FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
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DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80 
- USD/KRW is currently trading around 1,178 levels.
- Pair made intraday high at 1,180 and low at 1,176 marks.
- Intraday bias remains neutral till the time pair holds key resistance at 1186 levels.
- A daily close above 1,175 will drag the parity higher towards key resistances at 1,186, 1,197, 1,203, 1,211, 1,220 (March 03, 2016 high) and 1,244 marks respectively.
- On the other side, a sustained close below 1,175 will test key supports at 1,168/1,160/1,152/1,146/1,132/1,127/1,117 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- BoK chief says revises 2017 growth forecast to 2.5 pct.
- BoK chief says 2017 CPI forecast at 1.8 pct.
- BoK chief says growth expected to pick up in H2.
We prefer to go short on USD/KRW only below 1,175 with stop loss at 1,186 and target of 1,162.
