Published: 2025-11-14T02:25:49.000Z
Chart USD/KRW Update: Extending rejection from 1475.00 high
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Break of the 1460.00 level see prices extending rejection from the 1475.00 high and unwinding overbought intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1487.00 | ** | 2024 year, 9 Apr YTD highs | S1 | 1450.00 | * | congestion | |
| R3 | 1480.00 | congestion | S2 | 1446.00 | * | congestion | ||
| R2 | 1475.00 | ** | 13 Nov high | S3 | 1440.00 | ** | congestion | |
| R1 | 1470.00 | * | congestion | S4 | 1425.00 | * | Feb low, congestion |
Asterisk denotes strength of level
02:15 GMT - Break of the 1460.00 level see prices extending rejection from the 1475.00 high and unwinding overbought intraday and daily studies. Lower will see room to retrace the bullish gains from the 1372.00 September low and see room to support at the 1450.00/1446.00 area. Lower still, will see extension to the strong support at the 1440.00, congestion and October high. Meanwhile, resistance is lowered to the 1470.00 level which should cap and sustain pullback to the 1475.00 high.