Published: 2025-09-24T02:31:34.000Z
Chart USD/KRW Update: Range-bound below 1400.00 level
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Little change, as prices remains confined to range below the 1400.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1417.00 | * | 50% Apr/Jun fall | S1 | 1386.00 | * | 19 Sep low | |
| R3 | 1412.00 | ** | Apr low | S2 | 1380.00 | * | congestion | |
| R2 | 1406.00 | * | 1 Aug high | S3 | 1372.00 | * | 17 Sep low | |
| R1 | 1400.00 | * | Apr 2024 high | S4 | 1365.00 | ** | 5 May low |
Asterisk denotes strength of level
02:25 GMT - Little change, as prices remains confined to range below the 1400.00 level to consolidate gains from the 1372.00 low of last week. A later break cannot be ruled out and clearance will open up room for extension to retest the 1406.00 August high. Beyond this will see room to strong resistance at 1412.00, April low. Meanwhile, support is at the 1386.00 low of Friday which should underpin. Break here will return focus to the downside for retest of the support at the 1380.00 congestion and the 1372.00 low.