Published: 2025-09-18T02:27:56.000Z
Chart USD/KRW Update: Still limited below 1380.00 level
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Turned up from the 1372.00 low as prices consolidate pullback from the 1400.00 level
Levels | Imp | Comment | Levels | Imp | Comment | |||
---|---|---|---|---|---|---|---|---|
R4 | 1406.00 | ** | 1 Aug high | S1 | 1380.00 | * | congestion | |
R3 | 1400.00 | * | Apr 2024 high | S2 | 1370.00 | * | congestion | |
R2 | 1395.00 | * | Jun 2024 high | S3 | 1365.00 | ** | 5 May low | |
R1 | 1385.00 | congestion | S4 | 1360.00 | congestion |
Asterisk denotes strength of level
02:15 GMT - Turned up from the 1372.00 low as prices consolidate pullback from the 1400.00 level. Regaining th 1380.00 level open up room for corrective bounce to congestion at 1385.00 then the 1390.00/1395.00 resistance. Corrective bounce is expected to give way to renewed selling pressure later to congestion at 1370.00. Below this will expose strong support at the 1365.00/1360.00 to retest. Break here will return focus to the 1350.00/1348.00, June current year lows.