Kospi Sideways Trading Range 226.00 - 230.65

Outlook neutral in the short term with range trading around the area of 226.00 - 230.65. Break out of the range will gives instructions clearer direction towards 234.90 as next resistant or even test support at 222.50 and 216.90 area. In the longer term, we still prefer a bearish outlook as long as price holds below 240.00 area.

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Thanks for give comment.