Building Long positions from 1,100 - 1,090
- USDKRW is getting close to reaching the multi decade long support in the 1,100 - 1,090 range
- Price is currently outside the lower Monthly BB band
- Increasing covid cases worldwide, double dip recession in EU, and uncertainty on a smooth transfer of power in the US added to the highest number of Covid cases are brewing the perfect storm for a flight back into USD
- Price is currently outside the lower Monthly BB band
- Increasing covid cases worldwide, double dip recession in EU, and uncertainty on a smooth transfer of power in the US added to the highest number of Covid cases are brewing the perfect storm for a flight back into USD