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KRWJPY is back above 10.00 after a.......>

KOREAN WON
KOREAN WON: KRWJPY is back above 10.00 after a broad-based rally in Asian FX and
yen crosses. The next level of resistance comes in at the 200-dma at 10.075 and
above here would target down trendline support from the January high. 
- A break of this downtrend would suggest that Korea's hiking cycle is finally
taking shape. Korean 2-year interest rate swaps have risen 10bps in the past
five sessions, breaking above horizontal resistance at 1.90% and its 55-dma. 

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