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USD/KRW takes out 1111/1112 resistance

Monday, March 9, 2015 3:25 AM UTC

USD/KRW above previous resistance at 1111 absorbed by exporter selling interest USD/KRW buyers take upper-hand dealing above 1112 - next target 1120
USD/KRW reached 1121.7 on Dec 8 before an extended period of consolidation
Option triggers at 1115 and 1120 likely to be magnets now for USD/KRW
KRW 1 month volume up sharply just ahead 9% from 8.2% open Friday

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USD/KRW takes out 1111/1112 resistance

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