Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro- Major Pair levels and bias summary 
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro- Major European Indices 
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
- USD/KRW is currently trading around 1154 levels.
- It made intraday high at 1160 and low at 1152 marks.
- Today BOK cuts base rate by 25 bps to record-low 1.25 pct vs 1.50 pct previous release.
- Intraday bias remains bullish till the time pair holds key support at 1152 marks.
- A sustained close below 1152 will tests key supports at 1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.
- Alternatively, reversal from key support will drag the parity higher towards key resistances at 1168, 1176, 1182, 1196 (June 01, 2016 high), 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
- In addition, South Korea’s finance minister said, ‘BOK rate cut seen positive for economy’.
We prefer to take long position in USD/KRW only above 1158, stop loss 1152 and target 1176/ 1182 marks.
