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Published: 2026-01-26T03:15:38.000Z

Chart USD/KRW Update: Room to extend rejection from 1480.00/1484.00 resistance

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Extending sharp rejection from the 1480.00/1484.00 resistance to retrace bounce from the December low

 LevelsImpComment  LevelsImpComment
R41480.00**Nov high, congestion S11440.00*Oct high, congestion    
R31470.00*congestion S21430.00**Dec low
R21460.00*congestion S31420.00*congestion  
R11450.00*congestion S41416.00*50% Jun/Dec rally

Asterisk denotes strength of level

03:10 GMT - Extending sharp rejection from the 1480.00/1484.00 resistance to retrace bounce from the December low to reach 1440.00 support. Consolidation here see prices unwind oversold intraday studies but this is expected to give way to fresh selling pressure later. Break here will return focus to the 1430.00 low and where break will open up room for deeper pullback to retrace the June/December rally. Meanwhile, resistance is lowered to the 1450.00 congestion which is expected to cap and sustain losses from the 1480.00/1484.00 resistance. 

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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