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DOLLAR-WON: The KRW is benefitting from the announcement that US President Trump
is set to meet with North Korean leader Kim. USDKRW last trades at 1068.00.
- From a technical perspective topside hesitation in USDKRW has taken its toll
with an aggressive sell-off and bearish close that sees immediate focus on 2018
lows (1054.7) and overall focus on the bear channel base around 1033.2. Daily
studies have room to move but the Bollinger base is a concern and currently
limits follow through. Bulls now need a close above the 21-DMA to ease bearish