Published: 2025-10-01T02:45:08.000Z
Chart USD/KRW Update: Consolidating rally from 1372.00, September low
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Settled back from the 1414.00 high as prices consolidate gains from the 1372.00, September low
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1428.00 | * | 13 May high, congestion | S1 | 1400.00 | ** | congestion | |
| R3 | 1420.00 | * | congestion | S2 | 1390.00 | * | 22 Sep low, congestion | |
| R2 | 1417.00 | * | 50% Apr/Jun fall | S3 | 1380.00 | * | congestion | |
| R1 | 1414.00 | ** | 26 Sep high, 200-day MA | S4 | 1372.00 | ** | 17 Sep low |
Asterisk denotes strength of level
02:35 GMT - Settled back from the 1414.00 high as prices consolidate gains from the 1372.00, September low. Negative daily studies are unwinding overbought readings and break of the 1400.00 level will open up room for deeper pullback to the 1390.00 level which is expected to underpin. Meanwhile, resistance is at the 1412.00/1414.00 area. Clearance here will further extend bounce from the September low open up room for extension to 1417.00, 50% Fibonacci level, then 1420.00 congestion and June channel resistance.