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Published: 2025-12-09T02:20:14.000Z

Chart USD/KRW Update: Lower in consolidation from 1475.00 resistance

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Little change, as prices settled back in consolidation from the 1475.00 resistance

 LevelsImpComment  LevelsImpComment
R41500.00*figure S11460.00*congestion                   
R31487.00**9 Apr YTD high          S21448.00**14 Nov low
R21480.00**24 Nov high S31440.00**congestion          
R11475.00*13 Nov high S41435.00*14 Oct high

Asterisk denotes strength of level

02:15 GMT - Little change, as prices settled back in consolidation from the 1475.00 resistance. However, bullish structure suggest scope for break here to expose the 1480.00 high to retest and further extend gains to the retest 1487.00, April current year high. Meanwhile, support at the 1460.00 congestion underpin. Would take break here to fade the upside pressure and open up room for deeper pullback to strong support at the 1450.00/1448.00 congestion area. Below this will confirm a top pattern at the 1480.00 high and see deeper pullback to retrace gains from the June YTD low.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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