Published: 2025-10-08T02:25:47.000Z
Chart USD/KRW Update: Extending gains
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Break of the 1412.00/1414.00 resistance see prices extending gains from the 1372.00 September low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1440.00 | * | congestion | S1 | 1412.00 | * | Apr low | |
| R3 | 1434.00 | * | 61.8% Apr/Jun fall | S2 | 1400.00 | ** | congestion | |
| R2 | 1428.00 | ** | 13 May high, congestion | S3 | 1390.00 | * | 22 Sep low, congestion | |
| R1 | 1422.00 | * | upper channel | S4 | 1380.00 | congestion |
Asterisk denotes strength of level
02:20 GMT - Break of the 1412.00/1414.00 resistance see prices extending gains from the 1372.00 September low and channel support from the June current year low. Above the 1420.00/1422.00 congestion and channel resistance will see room to strong resistance at 1428.00/1430.00 congestion. Meanwhile, support is raised to the April low and congestion area at 1412.00/1410.00 which should underpin. Below this will ease the upside pressure and open up room for pullback to support at the 1400.00 congestion.