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fxJul 1, 2026, 8:09 PM

USD/KRW to Trade Rangebound, Says Societe Generale

Societe Generale analysts note that USD/KRW has stalled after meeting resistance near 1561 in June and now appears set to trade within a range, with limited evidence of a large decline.

USDKRW

Societe Generale analysts observe that the USD/KRW pair stalled after encountering interim resistance around the 1561 level in June. The currency pair now looks set to trade within a range, with limited evidence pointing to a significant decline.

Initial support is seen at 1530, while the recent resistance at 1561 marks the upper boundary of the expected range.

Source: FXStreet Forex News