USD/KRW to lurch higher towards 1217/1227 – SocGen

USD/KRW has broken out from the consolidation since October denoting persistence in uptrend. Economists at Société Générale expect the pair to enjoy further gains towards 1217/1227.

Daily Ichimoku cloud support seen at 1189/1185

“USD/KRW is expected to inch higher towards projections of 1217/1227.”

“Daily Ichimoku cloud at 1189/1185 is short-term support.”