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Published: 2025-10-30T02:39:19.000Z

Chart USD/KRW Update: Under pressure

-

Under pressure, as prices extend pullback from the 1440.00 resistance to pressure the 1420.00 congestion

 LevelsImpComment  LevelsImpComment
R41450.00*congestion S11420.00*congestion                   
R31446.00**28 Apr, 2022 year highs S21415.00**16 Oct low
R21440.00*congestion S31406.00**Aug high
R11435.00 14 Oct high S41400.00*congestion

Asterisk denotes strength of level

02:30 GMT - Under pressure, as prices extend pullback from the 1440.00 resistance to pressure the 1420.00 congestion. Daily studies are unwinding overbought readings with weekly studies stretched as well and threatening deeper pullback to retrace strong gains from the 1372.00, September low. Would take break of support at the 1420.00/1415.00, congestion and 16 October low, to open up room to strong support at 1406.00 August high and the 1400.00 level. Meanwhile, resistance at 1435.00 and 1440.00 congestion is expected to cap.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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