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Published: 2026-01-14T03:05:30.000Z

Chart USD/KRW Update: Poised just below 1480.00/1484.00 resistance

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Sharply higher as prices extend gains from the 1430.00 December low to approach strong resistance at the 1480.00/1484.00

 LevelsImpComment  LevelsImpComment
R41500.00*figure S11470.00*congestion                
R31487.00**2024/2025 year highs S21460.00*congestion
R21484.00**Dec high S31450.00*congestion
R11480.00**Nov high, congestion S41440.00*Oct high, congestion 

Asterisk denotes strength of level

03:00 GMT - Sharply higher as prices extend gains from the 1430.00 December low to approach strong resistance at the 1480.00/1484.00, November/December highs. Deep overbought daily studies suggest reaction here likely but a later break here cannot be ruled out. Clearance, will see room to retest resistance at 1487.00, the 2024 and 2025 year highs. Meanwhile, support is raised to the 1470.00/1460.00 congestion area which should now underpin. Would take break here to fade the upside pressure and see room for deeper pullback to support at the 1450.00 congestion and 1430.00 low.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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