Published: 2025-11-28T02:24:14.000Z
Chart USD/KRW Update: Under pressure
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Consolidation around the 1470.00 level has given way to renewed selling pressure to extend pullback from the 1480.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1500.00 | * | figure | S1 | 1460.00 | * | congestion | |
| R3 | 1487.00 | ** | 9 Apr YTD high | S2 | 1448.00 | ** | 14 Nov low | |
| R2 | 1480.00 | ** | 24 Nov high | S3 | 1440.00 | ** | congestion | |
| R1 | 1475.00 | * | 13 Nov high | S4 | 1435.00 | * | 14 Oct high |
Asterisk denotes strength of level
02:20 GMT - Consolidation around the 1470.00 level has given way to renewed selling pressure to extend pullback from the 1480.00 high. Focus return to support at the 1460.00 congestion and break here will see room for deeper pullback to retrace gains from the 1348.00, June low. Lower will see potential to strong support at the 1450.00/1448.00 congestion and the 1440.00 level. Meanwhile, resistance is at the 1470.00/1475.00 congestion area is expected to cap and sustain losses from resistance at the 1480.00 high.