Published: 2026-01-06T02:35:58.000Z
Chart USD/KRW Update: Retracing December losses
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Little change, as prices consolidate test of resistance at the 1450.00 congestion
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1470.00 | * | congestion | S1 | 1440.00 | * | congestion | |
| R3 | 1463.00 | * | 15 Dec low | S2 | 1430.00 | ** | Dec low | |
| R2 | 1460.00 | * | congestion | S3 | 1420.00 | * | congestion | |
| R1 | 1450.00 | * | congestion | S4 | 1415.00 | * | 16 Oct low, 50% |
Asterisk denotes strength of level
02:30 GMT - Little change, as prices consolidate test of resistance at the 1450.00 congestion following bounce from the 1430.00 December low. Prices are unwinding oversold daily studies following sharp losses from the 1484.00, 23 December high. Break above 1450.00 will see room to the 1460.00 congestion area which is expected to cap. Meanwhile, support is raised to the 1440.00 level and break here will expose the 1430.00 low to retest. Below this will extend losses from the December high to retrace rally from the June low to the 1420.00/1415.00 congestion area and 50% Fibonacci level.