By Ewen Chew — Mar 25 - 08:43 PM
• USD/KRW slides to 1464.4 from open 1467.0; looking shaky
• Wed close below 1464.3 disengages Bollinger uptrend channel
• That will spur some long capitulation, weighing it lower
• 21 DMA support at 1454.4 might then be tested in near-term
• USD/JPY tumble on Tues rocked USD/KRW and DXY, amid risk-on
• Kospi +0.2% after another rise on Wall St; S&P futures +0.2%
KRW:
(Ewen Chew is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters
