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USD/KRW Highest Since Nov 2022, Domestic Markets Closed Today, Trade Balance On Tap

KRW

USD/KRW printed its highest level since Nov 2022 on Thursday at 1342.90, the pair finished Friday's session a touch off these levels at 1338.50.

  • On the upside bulls look to target the 1400 handle. Support comes in at the 20-Day EMA (1323.14).
  • Apr Trade Balance is on tap this morning, a deficit of $2.76bn is expected.
  • Domestic markets are closed today for the observance of a national holiday.

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