Published: 2025-12-18T02:34:50.000Z
Chart USD/KRW Update: Consolidating retest of 1480.00 high
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Consolidating test of the 1480.00 November high but pressure remains on the upside to extend bullish gains from the June YTD low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1518.00 | ** | Nov 2008 year high | S1 | 1470.00 | * | congestion | |
| R3 | 1500.00 | * | figure | S2 | 1464.00 | * | 15 Dec low | |
| R2 | 1487.00 | ** | 9 Apr YTD high | S3 | 1460.00 | * | congestion | |
| R1 | 1480.00 | ** | 24 Nov high | S4 | 1448.00 | ** | 14 Nov low |
Asterisk denotes strength of level
02:30 GMT - Consolidating test of the 1480.00 November high but pressure remains on the upside to extend bullish gains from the June YTD low. Clearance will see room for retest of the 1487.00, April current year high, where reaction can be expected. A later break, if seen, will extend the broader gains from the 2014 year low and see room to the 1500.00 level. Meanwhile, support is raised to the 1470.00 congestion and extending to 1464.00 Monday's pullback low. This area now underpin and see break here needed to fade the upside pressure.