- USD/KRW is currently trading around 1178 levels.
- Today South Korea released trade balance data with flat numbers at 8.80B m/m.
- Intraday bias remains neutral till the time pair holds key resistance at 1178 marks.
- A daily close above 1178 will drag the parity up towards key resistances at 1182/1193 (20, 30 and 55D EMA crossover)/1211 marks.
- A sustained close below 1162 will test key supports at 1153 (November 2015 low) /1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.
We prefer to take long position in USD/KRW only above 1178, stop loss 1162 and target 1193 marks.


FxWirePro- Major Pair levels and bias summary
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD range bound ahead of RBA policy decision
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro:' USD/CAD faces downside risk below 1.4000 



