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Published: 2025-10-14T02:30:14.000Z

Chart USD/KRW Update: Limited above 1430.00

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Limited on break above 1430.00 as prices settled back from the 1432.00 high to unwind overbought daily studies

 LevelsImpComment  LevelsImpComment
R41450.00 congestion S11420.00 congestion
R31446.00*28 Apr high S21412.00*Apr low
R21440.00*congestion S31400.00**congestion 
R11434.00*61.8% Apr/Jun fall S41390.00*22 Sep low, congestion

Asterisk denotes strength of level

02:20 GMT - Limited on break above 1430.00 as prices settled back from the 1432.00 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 ease the upside pressure and open up room for pullback to the 1400.00 congestion. A later break of the 1432.00 high, if seen, will see room for extension to the 1434.00, 61.8% Fibonacci level. Higher still, will turn focus to resistance at the 1440.00/1446.00 area.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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