Published: 2026-01-16T02:49:37.000Z
Chart USD/KRW Update: Focus return to 1480.00/1484.00 highs
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Consolidation beneath the 1480.00/1484.00, November/December highs, has given way to rebound
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1500.00 | * | figure | S1 | 1460.00 | * | congestion | |
| R3 | 1487.00 | ** | 2024/2025 year highs | S2 | 1450.00 | * | congestion | |
| R2 | 1484.00 | ** | Dec high | S3 | 1440.00 | * | Oct high, congestion | |
| R1 | 1480.00 | ** | Nov high, congestion | S4 | 1430.00 | ** | Dec low |
Asterisk denotes strength of level
02:45 GMT - Consolidation beneath the 1480.00/1484.00, November/December highs, has given way to rebound to return focus to the 1480.00 resistance. Break here and the 1484.00 December high will open up room for retest of resistance at 1487.00, the 2024/2025 year highs. Meanwhile, support at the 1460.00 congestion should now underpin. Break here needed to open up room for deeper pullback to support at the 1450.00/1440.00 congestion and the 1430.00, December low. Below the latter will see deeper pullback to retrace the June/December rally.