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Published: 2026-01-15T02:29:15.000Z

Chart USD/KRW Update: Settled back from 1480.00/1484.00 resistance

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Settled back from test of resistance at the 1480.00/1484.00, November/December highs

 LevelsImpComment  LevelsImpComment
R41487.00**2024/2025 year highs S11460.00*congestion                
R31484.00**Dec high S21450.00*congestion
R21480.00**Nov high, congestion S31440.00*Oct high, congestion
R11470.00*congestion S41430.00**Dec low

Asterisk denotes strength of level

02:25 GMT - Settled back from test of resistance at the 1480.00/1484.00, November/December highs, as prices unwind overbought daily studies. Below the 1470.00 congestion see room for deeper pullback to support at the 1460.00/1450.00 congestion. Would take break here to return focus to the downside for retest of the 1440.00 congestion then the 1430.00 December low. Below the latter will see deeper pullback to retrace the June/December rally. Meanwhile, break above 1480.00/1484.00 highs will open up room for retest of resistance at 1487.00, the 2024/2025 year highs.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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