Published: 2025-09-10T02:40:18.000Z
Chart USD/KRW Update: Limited pullback from 1395.00/1400.00 resistance
0
-
Little change, as prices extend choppy trade within the1400.00/1380.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1412.00 | ** | Apr low | S1 | 1380.00 | * | congestion | |
| R3 | 1406.00 | ** | 1 Aug high | S2 | 1375.00 | ** | Aug low | |
| R2 | 1400.00 | * | Apr 2024 high | S3 | 1370.00 | * | congestion | |
| R1 | 1395.00 | * | Jun 2024 high | S4 | 1365.00 | ** | 5 May low |
Asterisk denotes strength of level
02:30 GMT - Little change, as prices extend choppy trade within the1400.00/1380.00 area. The negative daily studies keeps pressure on the downside and suggest scope for break of the 1380.00 support to open up deeper pullback to retrace gains from the June low. Lower will open up room for retest of strong support at the 1365.00/1360.00 area. Below this will return focus to the 1350.00/1348.00, June current year lows. Meanwhile, resistance at the 1395.00/1400.00 area is expected to cap. Clearance will open up room for stronger gains to retrace April/June losses.