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Published: 2026-02-23T02:58:41.000Z

Chart USD/KRW Update: Weighing on 1440.00 support

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Rejection from the 1453.00 high see prices settling back to retest the 1440.00 level

 LevelsImpComment  LevelsImpComment
R41481.00**21 Jan YTD high S11440.00*congestion               
R31472.00**5 Feb high S21430.00*congestion
R21460.00*congestion S31421.00**28 Jan YTD low        
R11453.00**19 Feb high S41415.00*16 Oct low

Asterisk denotes strength of level

02:50 GMT - No follow-through on break of resistance at the 1450.00 congestion and pullback from the 1453.00 high see prices settling back to retest the 1440.00 level. Break here will expose the 1433.00/1430.00, 12 February and December lows to retest. Below these will return focus to the 1421.00 January current year low to retest. Break here will see deeper pullback to retrace the June/December rally. Meanwhile, resistance at the 1450.00/1453.00 congestion and high of last week now expected to cap. 

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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