Kospi Index targets 6k as Wyckoff Theory points to a retreat
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South Korean stocks and the won surged on Monday following the Supreme Court's decision on Trump's tariffs, with the USD/KRW falling to 1,437, a 2.6% drop from this year's peak. The Kospi Index approached the KRW 6,000 resistance level, influenced by the Wyckoff Theory suggesting a potential retreat. Additionally, South Korean exports rose by 47.3% in early February, driven by semiconductor demand, significantly surpassing January's 34% increase, while imports also grew by 11.7%.
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