- USD/KRW to inch higher towards next projections at 1217 and 1227 – SocGen
Market news
2 tháng 2 2022
USD/KRW to inch higher towards next projections at 1217 and 1227 – SocGen
The Korean won depreciated by 1.4% against the US dollar in January. Economists at Société Générale expect the USD/KRW pair to edge higher towards 1217727.
Holding above 1185 is crucial for persistence in up move
“USD/KRW is expected to inch higher towards next projections at 1217 and 1227.”
“Defending a multi-month trend line at 1185 will be crucial for persistence in up move.”
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page