Published: 2026-01-22T02:52:23.000Z
Chart USD/KRW Update: Leaning lower in choppy trade
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Lower in choppy trade following rejection from test of resistance at the 1480.00/1484.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1500.00 | * | figure | S1 | 1460.00 | * | congestion | |
| R3 | 1487.00 | ** | 2024/2025 year highs | S2 | 1450.00 | * | congestion | |
| R2 | 1484.00 | ** | Dec high | S3 | 1440.00 | * | Oct high, congestion | |
| R1 | 1480.00 | ** | Nov high, congestion | S4 | 1430.00 | ** | Dec low |
Asterisk denotes strength of level
02:45 GMT - Lower in choppy trade following rejection from test of resistance at the 1480.00/1484.00 area. Daily studies are unwinding overbought readings and suggest room for pullback to retest support at the 1460.00 congestion. Break here will fade the upside pressure and open up room for deeper pullback to support at the 1450.00/1440.00 congestion. Below this will turn focus to the 1430.00, December low. Would take break of 1480.00/1484.00 resistance to extend the June gains and turn focus to strong resistance at 1487.00, the 2025/2024 year highs.