- USD/KRW is currently trading around 1170 levels.
- It made intraday high at 1172 and low at 1167 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1178 marks.
- A sustained close below 1172 will tests key supports at 1162/1152/1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.
- Alternatively, a daily close above 1176 will drag the parity higher towards key resistances at 1182, 1196 (June 01, 2016 high), 1201, 1209 (20D EMA) and 1220 (March 03, 2016 high) marks respectively.
- In addition, South Korea’s Kospi was trading 0.60% lower at 1,957.37 points.
We prefer to take short position in USD/KRW only below 1170, stop loss 1177 and target 1152 marks.


FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: AUD/USD eases as investors switch focus to RBA
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro- Major Pair levels and bias summary
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: AUD/USD range bound ahead of RBA policy decision 



