Published: 2025-12-19T02:43:19.000Z
Chart USD/KRW Update: Pressuring 1480.00 within an ascending triangle
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Consolidating test of the 1480.00 November high but pressure remains on the upside within the ascending triangle from the 1448.00 low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1518.00 | ** | Nov 2008 year high | S1 | 1470.00 | * | congestion | |
| R3 | 1500.00 | * | figure | S2 | 1464.00 | * | 15 Dec low | |
| R2 | 1487.00 | ** | 9 Apr YTD high | S3 | 1460.00 | * | congestion | |
| R1 | 1480.00 | ** | 24 Nov high | S4 | 1448.00 | ** | 14 Nov low |
Asterisk denotes strength of level
02:35 GMT - Consolidating test of the 1480.00 November high but pressure remains on the upside within the ascending triangle from the 1448.00 low. Clearance will see room for extension to retest the 1487.00, April current year high, where reaction can be expected. A later break, if seen, will extend the broader gains from the 2014 year low and see room to the 1500.00 level. Meanwhile, support is raised to the 1470.00 congestion and extending to 1464.00 Monday's pullback low. This area now underpin and only break here will fade the upside pressure.