Published: 2025-10-02T02:40:56.000Z
Chart USD/KRW Update: Weighing on the 1400.00 support
1
Little change, as prices settled back from the 1414.00 high to consolidate gains from the 1372.00, September low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1428.00 | * | 13 May high, congestion | S1 | 1400.00 | ** | congestion | |
| R3 | 1420.00 | * | congestion | S2 | 1390.00 | * | 22 Sep low, congestion | |
| R2 | 1417.00 | * | 50% Apr/Jun fall | S3 | 1380.00 | * | congestion | |
| R1 | 1414.00 | ** | 26 Sep high, 200-day MA | S4 | 1372.00 | ** | 17 Sep low |
Asterisk denotes strength of level
02:35 GMT - Little change, as prices settled back from the 1414.00 high to consolidate gains from the 1372.00, September low. Daily studies are tracking lower and see pressure returning to support at the 1400.00 congestion. Break here will open up room for deeper pullback to the 1390.00 level which is expected to underpin. Meanwhile, resistance is at the 1412.00/1414.00 area. Clearance here will further extend bounce from the June low and see room for extension to 1417.00, 50% Fibonacci level, then 1420.00 June channel resistance.