Published: 2025-08-28T02:36:59.000Z
Chart USD/KRW Update: Settled back from retest of 1395.00/1400.00 resistance
Technical Analyst
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Leaning lower in range as prices turned back from retest of the 1395.00/1400.00 resistance
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1412.00 | ** | Apr low | S1 | 1385.00 | * | June trendline | |
| R3 | 1406.00 | ** | 1 Aug high | S2 | 1380.00 | * | congestion | |
| R2 | 1400.00 | * | Apr 2024 high | S3 | 1375.00 | ** | 13 Aug low | |
| R1 | 1395.00 | * | Jun 2024 high | S4 | 1370.00 | * | congestion |
Asterisk denotes strength of level
02:30 GMT - Leaning lower in range as prices turned back from retest of the 1395.00/1400.00 resistance. Nearby see support at the trendline from the June low at 1385.00 ahead of strong support at the 1380.00/1375.00 lows. Break here will focus to the downside to extend pullback from the 1406.00, 1st August high. Would take break of the 1395.00/1400.00 resistance revive upside focus and extend gains from the June current year low at 1348.00 and further retrace losses from the April high.