Published: 2025-10-28T02:46:48.000Z
Chart USD/KRW Update: Range-bound in consolidation
2
Little change, as prices consolidate test of the 1440.00 level and unwind overbought intraday studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1454.00 | * | 76.4% Apr/Jun fall | S1 | 1430.00 | * | congestion | |
| R3 | 1450.00 | * | congestion | S2 | 1425.00 | * | congestion | |
| R2 | 1446.00 | ** | 28 Apr, 2022 year high | S3 | 1415.00 | ** | 16 Oct low | |
| R1 | 1440.00 | * | congestion | S4 | 1406.00 | ** | Aug high |
Asterisk denotes strength of level
02:45 GMT - Little change, as prices consolidate test of the 1440.00 level and unwind overbought intraday studies. Daily and weekly studies are deep into overbought areas as well and caution corrective pullback to retrace strong gains from the 1372.00, September low. Nearby see support starting at the 1430.00/1425.00 congestion. Below this will open up room for deeper pullback to the 1420.00/1415.00, congestion and 16 October low. Meanwhile, resistance at the 1440.00/1446.00 congestion and 28 April high is expected to cap.