Published: 2025-09-26T02:52:29.000Z
Chart USD/KRW Update: Extending gains
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Sharply higher to extend gains from the 1372.00 low of last week through the 1406.00 August swing high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1428.00 | * | 13 May high, congestion | S1 | 1406.00 | * | Aug high | |
| R3 | 1420.00 | * | congestion | S2 | 1400.00 | ** | congestion | |
| R2 | 1417.00 | * | 50% Apr/Jun fall | S3 | 1390.00 | * | 22 Sep low, congestion | |
| R1 | 1412.00 | ** | Apr low | S4 | 1380.00 | * | congestion |
Asterisk denotes strength of level
02:45 GMT - Sharply higher to extend gains from the 1372.00 low of last week through the 1406.00 August swing high. Break here see prices extending the broader gains from the 1348.00 June low to reach strong resistance at the 1412.00, April low. Higher still, will see room to the 1417.00, 50% Fibonacci level, then 1420.00 congestion and channel resistance from the June low. Meanwhile, support is raised to the 1406.00/1400.00 congestion area which should underpin. Would take break here to return focus to the downside for retest of 1390.00/1380.00 congestion.