Published: 2026-01-02T02:30:23.000Z
Chart USD/KRW Update: Consolidating December losses
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Turned up in range from the 1430.00 December low as prices consolidate sharp drop from the 1484.00, 23 December high
| 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 |
Asterisk denotes strength of level
02:20 GMT - Turned up in range from the 1430.00 December low as prices consolidate sharp drop from the 1484.00, 23 December high. Bounce see prices unwinding oversold daily studies but this is expected to give way to fresh selling pressure later. Break of the 1430.00 low will see deeper pullback to retrace the June/December rally to the 1420.00/1415.00 congestion area. Meanwhile, resistance at the 1450.00 congestion is expected to cap and sustain losses from the 1484.00 high.