Published: 2025-10-15T02:27:15.000Z
Chart USD/KRW Update: Settling back from 1435.00 high
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No follow-through on break of the 1430.00 level as prices turned lower from the 1435.00 high to unwind overbought daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1450.00 | congestion | S1 | 1420.00 | congestion | |||
| R3 | 1446.00 | * | 28 Apr high | S2 | 1412.00 | * | Apr low | |
| R2 | 1440.00 | * | congestion | S3 | 1400.00 | ** | congestion | |
| R1 | 1435.00 | * | 14 Oct high, 61.8% | S4 | 1390.00 | * | 22 Sep low, congestion |
Asterisk denotes strength of level
02:25 GMT - No follow-through on break of the 1430.00 level as prices turned lower from the 1435.00 high to unwind overbought daily studies. Pullback see support starting at the 1420.00 congestion then the 1414.00/1412.00 area 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.