Published: 2025-10-17T02:45:19.000Z
Chart USD/KRW Update: Room for deeper pullback
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Turned down from the 1435.00 high as prices unwind overbought daily studies to approach support at the 1414.00/1412.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1446.00 | * | 28 Apr high | S1 | 1412.00 | * | Apr low | |
| R3 | 1440.00 | * | congestion | S2 | 1400.00 | ** | congestion | |
| R2 | 1435.00 | ** | 14 Oct high, 61.8% | S3 | 1390.00 | * | 22 Sep low, congestion | |
| R1 | 1430.00 | * | congestion | S4 | 1380.00 | * | congestion |
Asterisk denotes strength of level
02:40 GMT - Turned down from the 1435.00 high as prices unwind overbought daily studies to approach support at the 1414.00/1412.00, September high/April low. Break here will open up room for deeper pullback to the strong support at the 1400.00 congestion which is expected to underpin. Failure here will return focus to the downside and see room back to the 1390.00/1380.00 congestion and 1372.00, September low. Meanwhile, resistance at the 1430.00/1435.00 area now expected to cap.