Published: 2025-10-16T02:35:39.000Z
Chart USD/KRW Update: Extending pullback from 1435.00 high
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Consolidation at the 1420.00 support has given way to break to extend pullback from the 1435.00 high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1446.00 | * | 28 Apr high | S1 | 1412.00 | * | Apr low | |
| R3 | 1440.00 | * | congestion | S2 | 1400.00 | ** | congestion | |
| R2 | 1435.00 | ** | 14 Oct high, 61.8% | S3 | 1390.00 | * | 22 Sep low, congestion | |
| R1 | 1430.00 | * | congestion | S4 | 1380.00 | * | congestion |
Asterisk denotes strength of level
02:30 GMT - Consolidation at the 1420.00 support has given way to break to extend pullback from the 1435.00 high as prices unwind overbought daily studies. Lower see room to retest support at the 1414.00/1412.00, September high/April low, which is expected to underpin. Failure here will fade the upside pressure and open up room for deeper pullback to the 1400.00 congestion. Meanwhile, resistance at the 1430.00/1435.00 area now expected to cap. Break, if seen, will see room for extension to resistance at the 1440.00/1446.00 area.