Published: 2026-02-03T02:50:33.000Z
Chart USD/KRW Update: Settled back from 1465.00 bounce high
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No follow-through on break above resistance at the 1460.00 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1484.00 | ** | Dec high | S1 | 1450.00 | * | congestion | |
| R3 | 1480.00 | ** | congestion | S2 | 1440.00 | * | congestion | |
| R2 | 1470.00 | * | congestion | S3 | 1430.00 | * | Dec low | |
| R1 | 1460.00 | * | congestion | S4 | 1421.00 | ** | Jan low |
Asterisk denotes strength of level
02:45 GMT - No follow-through on break above resistance at the 1460.00 congestion as prices settled back from the 1465.00 high to consolidate at the 1450.00 level. Daily studies have turned mixed and suggest room for deeper pullback from the 1465.00 high. Meanwhile, support is raised to the 1450.00/1440.00 congestion area. Break here will expose the 1430.00 and 1421.00, December/January lows to retest. Below the the latter will open up room for deeper pullback to retrace the June/December rally and see room to 1416.00, 50% Fibonacci level.