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Published: 2026-02-06T02:32:24.000Z

Chart USD/KRW Update: Focus return to 1480.00/1484.00 highs

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Sharply higher above the 1460.00 and 1470.00 level to return focus to the 1480.00 and 1484.00 highs

 LevelsImpComment  LevelsImpComment
R41500.00*congestion Mar 2009 S11460.00*congestion               
R31487.00**2024/2025 yr highs S21450.00*congestion
R21484.00**Dec high S31440.00*congestion
R11480.00**congestion S41430.00*Dec low

Asterisk denotes strength of level

02:25 GMT - Sharply higher above the 1460.00 and 1470.00 level to return focus to the 1480.00 and 1484.00 highs. Overbought daily studies suggest at these highs are expected to cap. Clearance, if seen, will expose the 2024 and 2025 year highs at 1487.00 to retest. Lower high sought to further pressure the downside later with support starting at 1460.00/1450.00 congestion area. Would take break of these to return focus to the downside for retest of the 1430.00 and 1421.00 December/January lows. Below these will see deeper pullback to retrace the June/December rally. 

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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