Published: 2025-09-15T02:15:07.000Z
Chart USD/KRW Update: Coiled within a narrowing range around 1390.00
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Little change, as prices extend choppy trade within a narrowing range around the 1390.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1412.00 | ** | Apr low | S1 | 1380.00 | * | congestion | |
| R3 | 1406.00 | ** | 1 Aug high | S2 | 1375.00 | ** | Aug low | |
| R2 | 1400.00 | * | Apr 2024 high | S3 | 1370.00 | * | congestion | |
| R1 | 1395.00 | * | Jun 2024 high | S4 | 1365.00 | ** | 5 May low |
Asterisk denotes strength of level
02:10 GMT - Little change, as prices extend choppy trade within a narrowing range around the 1390.00 level and suggest scope for breakout from the 1400.00/1380.00 range. Negative daily studies see risk for break to the downside toopen up room for deeper pullback to retrace gains from the June low. Below the 1380.00 level will turn focus to strong support at the 1365.00/1360.00 area. Break here will return focus to the 1350.00/1348.00, June current year lows. Meanwhile, resistance at the 1395.00/1400.00 area is expected to cap.