Published: 2026-01-23T02:56:14.000Z
Chart USD/KRW Update: Room to extend rejection from 1480.00/1484.00 resistanceLeaning lower in choppy trade
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Remains in consolidation above support at the 1462.00/1460.00 congestion area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1487.00 | ** | 2024/2025 year highs | S1 | 1460.00 | * | congestion | |
| R3 | 1484.00 | ** | Dec high | S2 | 1450.00 | * | congestion | |
| R2 | 1480.00 | ** | Nov high, congestion | S3 | 1440.00 | * | Oct high, congestion | |
| R1 | 1470.00 | * | congestion | S4 | 1430.00 | ** | Dec low |
Asterisk denotes strength of level
02:50 GMT - Remains in consolidation above support at the 1462.00/1460.00 congestion area. Daily studies are unwinding overbought readings and suggest this giving way to renewed selling pressure to extend rejection from resistance at the 1480.00/1484.00 area. Lower will see room for deeper pullback to support at the 1450.00/1440.00 congestion. Below this will turn focus to the 1430.00, December low. Meanwhile, resistance is lowered to 1470.00 ahead of the strong resistance at the 1480.00/1484.00 highs which is expected to cap.