Thursday, October 15, 2026

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FxWirePro: USD/KRW rejects key support at 1153, good to buy on dips

USD/KRW is currently trading around 1168 levels. It made intraday high at 1166 and low at 1169 levels. Intraday bias remains bullish till the time pair holds key support at 1153 levels. A sustained close below 1153 tests…

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/KRW rejects key support at 1153, good to buy on dips
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  • USD/KRW is currently trading around 1168 levels.
     
  • It made intraday high at 1166 and low at 1169 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 1153 levels.
     
  • A sustained close below 1153 tests 1142/1129 marks thereafter.
     
  • On the other side, initial resistance falls at 1173. A break above targets key resistances at 1180/1193/1201 marks.

We prefer to take long position in USD/KRW around 1167, stop loss 1153 and target 1180/ 1193 levels.

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By FxWirePro Team