- USD/KRW is currently trading around 1,203 levels.
- It made intraday high at 1,203 and low at 1,201 marks.
- Intraday bias remains neutral till the time pair holds key support at 1,195 levels.
- A daily close above 1,206 will drag the parity higher towards key resistances at 1,209 (20D EMA), 1,220 (March 03, 2016 high) and 1,244 marks respectively.
- On the other side, a sustained close below 1,195 will test key supports at 1,182/1,172/1,168/1,160/1,152/1,146/1,132/1,127/1,117/1,111/1,101 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in USD/KRW around 1,201, stop loss at 1,195 and target of 1,220/1,228.


Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro- Woodies pivot (Major)
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: GBP/AUD eases slightly, focus on near-term support
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD eases as investors await U.S. employment figures
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 



