Published: 2025-09-16T02:29:17.000Z
Chart USD/KRW Update: Under pressure, 1380.00 support at risk
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Leaning lower in range as prices extend rejection from the 1395.00/1400.00 resistance towards the 1380.00 support
| 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
02:25 GMT - Leaning lower in range as prices extend rejection from the 1395.00/1400.00 resistance towards the 1380.00 support. Negative daily and weekly studies see scope for break to open up room for deeper pullback to retrace gains from the June low. Break of the 1380.00/1375.00 support will turn focus to strong support at the 1365.00/1360.00 area. Below these 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.