Published: 2025-11-06T02:59:01.000Z
Chart USD/KRW Update: Room to extend gains
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Consolidating below resistance at 1450.00 congestion but pressure remains on the upside
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1470.00 | * | congestion | S1 | 1440.00 | * | congestion | |
| R3 | 1460.00 | * | congestion | S2 | 1430.00 | * | congestion | |
| R2 | 1454.00 | * | 76.4% Apr/Jun fall | S3 | 1425.00 | * | Feb low, congestion | |
| R1 | 1450.00 | ** | congestion | S4 | 1420.00 | ** | congestion |
Asterisk denotes strength of level
02:50 GMT - Consolidating below resistance at 1450.00 congestion but pressure remains on the upside. Positive daily studies suggest room for further gains later to further retrace the April/June losses. Higher will see room to target 1454.00, 76.4% Fibonacci level. However, overbought weekly studies caution corrective pullback with support raised to the 1440.00 congestion. Break here will eased the upside pressure and see room for pullback to support at the 1430.00/1425.00 congestion and Feb low.