Thursday, October 15, 2026

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FxWirePro: USD/KRW hovers around key resistance at 1180, a break above targets 1193

USD/KRW is currently trading around 1179 levels. It made intraday high at 1177 and low at 1180 levels. Intraday bias remains neutral till the time pair holds key resistance at 1180 marks. A daily close above 1180 will dr…

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/KRW hovers around key resistance at 1180, a break above targets 1193
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  • USD/KRW is currently trading around 1179 levels.
     
  • It made intraday high at 1177 and low at 1180 levels.
     
  • Intraday bias remains neutral till the time pair holds key resistance at 1180 marks.
     
  • A daily close above 1180 will drag the parity up towards key resistances at 1193 (20, 30 and 55D EMA crossover) and 1211 marks.
     
  • Alternatively, a sustained close below 1172 will test key supports at 1162, 1153 (November 2015 low) /1142 (20D EMA)/ 1134/1127 (October 2015 low) /1121/1115 levels respectively.

We prefer to take long position in USD/KRW only above 1180, stop loss 1172 and target 1193/1211 marks.

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By FxWirePro Team