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Published: 2025-09-01T02:18:00.000Z

Chart USD/KRW Update: Extend choppy trade within 1400.00/1380.00 area

byPakLai Ng

Technical Analyst
-

Little change, as prices extend choppy trade within the 1400.00/1380.00 range area

 LevelsImpComment  LevelsImpComment
R41412.00**Apr low S11380.00*congestion
R31406.00**1 Aug high S21375.00**13 Aug low   
R21400.00*Apr 2024 high S31370.00*congestion
R11395.00*Jun 2024 high S41365.00**5 May low

Asterisk denotes strength of level

02:10 GMT - Little change, as prices extend choppy trade within the 1400.00/1380.00 range area. However, negative daily and weekly studies suggest choppy trade giving way to break of the 1380.00/1375.00 support to open up room for deeper pullback to retrace the June/August rally. Lower will see room to support at the 1370.00 congestion then the 1365.00/1360.00 area. Meanwhile, resistance at the 1395.00/1400.00 resistance is expected to cap and sustain pullback from the 1406.00, 1st August swing high.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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