Published: 2025-09-19T02:51:41.000Z
Chart USD/KRW Update: Back to the 1395.00/1400.00 resistance
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Sharply higher to extend bounce from the 1372.00 mid-week low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1412.00 | ** | Apr low | S1 | 1380.00 | * | congestion | |
| R3 | 1406.00 | * | 1 Aug high | S2 | 1372.00 | * | 17 Sep low | |
| R2 | 1400.00 | * | Apr 2024 high | S3 | 1365.00 | ** | 5 May low | |
| R1 | 1395.00 | * | Jun 2024 high | S4 | 1360.00 | congestion |
Asterisk denotes strength of level
02:45 GMT - Sharply higher to extend bounce from the 1372.00 mid-week low as prices unwind oversold daily studies. Above the 1390.00 level see pressure returning to strong resistance at the 1395.00/1400.00, June and April 2024 highs. Would expect reaction here though a break cannot be ruled out. Clearance will open up room to resistance at 1406.00 August high then 1412.00 April low. Meanwhile, support is at the 1380.00 congestion. Would take break here to return focus to the downside for retest of the 1372.00 low.