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Published: 2025-12-03T02:21:26.000Z

Chart USD/KRW Update: Back to pressure 1470.00/1475.00 resistance

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Choppy trade above support at the 1460.00 congestion has seen gains to retest resistance at the 1470.00/1475.00 area

 LevelsImpComment  LevelsImpComment
R41487.00**9 Apr YTD high S11460.00*congestion                   
R31480.00**24 Nov high S21448.00**14 Nov low
R21475.00*13 Nov high S31440.00**congestion          
R11470.00*congestion S41435.00*14 Oct high

Asterisk denotes strength of level

02:20 GMT - Choppy trade above support at the 1460.00 congestion has seen gains to retest resistance at the 1470.00/1475.00 area. Bullish structure suggest scope for break here to expose the 1480.00 high to retest and extend gains from the 1348.00, June low. Higher, if seen, will turn focus to the 1487.00, April current year high. Meanwhile, support at the 1460.00 congestion underpin. Would take break here to open up room for deeper pullback to strong support at the 1450.00/1448.00 congestion area and the 1440.00 level.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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