Published: 2025-11-21T02:22:58.000Z
Chart USD/KRW Update: Pressuring 1475.00 high
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Break above the 1470.00 level has seen gains to retest the 1475.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1500.00 | * | figure | S1 | 1460.00 | * | congestion | |
| R3 | 1487.00 | ** | 9 Apr YTD high | S2 | 1448.00 | ** | 14 Nov low | |
| R2 | 1480.00 | * | figure | S3 | 1446.00 | * | congestion | |
| R1 | 1475.00 | ** | 13 Nov high | S4 | 1440.00 | ** | congestion |
Asterisk denotes strength of level
02:20 GMT - Break above the 1470.00 level has seen gains to retest the 1475.00 high. Reaction here see prices unwinding overbought intraday studies but a later break cannot be ruled out to extend bullish gains from from the 1348.00, June low. Clearance will turn focus to the 1487.00, April current year high. Meanwhile, support is raised to the 1460.00 congestion which should now underpin. Would take break here to expose the 1448.00 low to retest. Below this is needed to open up room for deeper pullback to retrace gains from the June low.