Published: 2025-11-26T02:30:55.000Z
Chart USD/KRW Update: Extending rejection from 1480.00 high
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Extending rejection from the 1480.00 Monday's high pullback to reach the 1460.00 level
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1487.00 | ** | 9 Apr YTD high | S1 | 1460.00 | * | congestion | |
| R3 | 1480.00 | ** | 24 Nov high | S2 | 1448.00 | ** | 14 Nov low | |
| R2 | 1475.00 | * | 13 Nov high | S3 | 1440.00 | ** | congestion | |
| R1 | 1470.00 | * | congestion | S4 | 1435.00 | * | 14 Oct high |
Asterisk denotes strength of level
02:25 GMT - Extending rejection from the 1480.00 Monday's high pullback to reach the 1460.00 level. Both daily and weekly studies are unwinding overbought readings and suggest consolidation here giving way to selling pressure later. Lower will see room for deeper pullback to retrace gains from the 1348.00 June low to strong support at the 1450.00/1448.00 congestion and the 1440.00 level. Meanwhile, resistance is lowered to the 1470.00 congestion which is expected to cap and sustain losses from resistance at the 1475.00/1480.00 highs.