Published: 2025-11-03T02:56:23.000Z
Chart USD/KRW Update: Higher in range from 1420.00 level
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Turned up in range from the 1420.00 level as prices consolidate pullback from the 1440.00 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1450.00 | * | congestion | S1 | 1425.00 | * | congestion | |
| R3 | 1446.00 | ** | 28 Apr, 2022 year highs | S2 | 1420.00 | * | congestion | |
| R2 | 1440.00 | * | congestion | S3 | 1415.00 | ** | 16 Oct low | |
| R1 | 1435.00 | 14 Oct high | S4 | 1406.00 | ** | Aug high |
Asterisk denotes strength of level
02:50 GMT - Turned up in range from the 1420.00 level as prices consolidate pullback from the 1440.00 congestion. While the latter caps, scope is seen for 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 1435.00/1440.00 congestion are expected to cap. Clearance, will further retrace April/June losses and see room to 1446.00/1450.00 resistance.