TD Securities Turns Bearish on Korean Won, Sees 1,400 Support
TD Securities has shifted to a bearish view on the South Korean won, arguing USD/KRW is likely to find support around 1,400.
USDKRW
TD Securities now takes a bearish stance on the Korean won. The firm argues that USD/KRW is likely to find support around the 1,400 level.
The view comes after a period of prior won strength, with the pair seen holding near that support zone as the outlook for the currency weakens.
Source: FXStreet Forex News