Published: 2025-10-07T02:47:50.000Z
Chart USD/KRW Update: Pressuring 1412.00/1414.00 resistance
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Pressure remains on the 1412.00/1414.00 area as prices extend gains from the 1372.00 channel support from the June current year low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1428.00 | * | 13 May high, congestion | S1 | 1400.00 | ** | congestion | |
| R3 | 1420.00 | * | congestion | S2 | 1390.00 | * | 22 Sep low, congestion | |
| R2 | 1417.00 | * | 50% Apr/Jun fall | S3 | 1380.00 | * | congestion | |
| R1 | 1414.00 | ** | 26 Sep high | S4 | 1372.00 | ** | 17 Sep low |
Asterisk denotes strength of level
02:45 GMT - Pressure remains on the 1412.00/1414.00 area as prices extend gains from the 1372.00 channel support from the June current year low. Clearance will see room to further extend gains to targte the 1417.00, 50% Fibonacci level. Higher still, will turn focus to the 1420.00 congestion and 1422.00, the June channel resistance. Meanwhile, support at the 1400.00 level should underpin. Failure here will ease the upside pressure and open up room for pullback to support at the 1390.00 congestion.