- USD/KRW is currently trading around 1134 levels.
- It made intraday high at 1137 and low at 1134 levels.
- A series of mix data from the South Korea pushed the South Korean won higher in early Asia.
- BOK manufacturing index released with positive numbers at 69 vs 66 previous release and South Korea’s service sector output growth data outperformed at 0.8% m/m vs 0.3% m/m previous release.
- On the other side, industrial
sector growth fell to -2.2% m/m vs 3.3% m/m previous release.
- Intraday bias remains bearish till the time pair holds key resistance at 1142 levels.
- A sustained break below 1134 will test key supports at 1127/1121/1115 levels respectively.
- A daily close above 1142 will drag the parity up towards key resistances at 1153/1168/1172/1180/1193 marks.
We prefer to take short position in USD/KRW only below 1132, stop loss 1142 and target 1121/1115 levels.


FxWirePro- Major Pair levels and bias summary
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro:' USD/CAD faces downside risk below 1.4000
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: USD/CAD hits two-month low as oil prices rise
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/AUD edges higher but bulls lack punch 



