Published: 2025-11-04T02:31:31.000Z
Chart USD/KRW Update: Poised for retest of 1440.00/1441.00 resistance
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Sharp bounce from the 1420.00/1425.00 support return focus to resistance at the 1440.00 congestion and the October high at 1441.00
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1454.00 | * | 76.4% Apr/Jun fall | S1 | 1425.00 | * | congestion | |
| R3 | 1450.00 | ** | congestion | S2 | 1420.00 | * | congestion | |
| R2 | 1446.00 | ** | 28 Apr, 2022 year highs | S3 | 1415.00 | ** | 16 Oct low | |
| R1 | 1440.00 | * | congestion | S4 | 1406.00 | ** | Aug high |
Asterisk denotes strength of level
02:30 GMT - Sharp bounce from the 1420.00/1425.00 support return focus to resistance at the 1440.00 congestion and the October high at 1441.00. Clearance will further extend gains from the June year low and see room to strong resistance at 1446.00, the 28 April and 2022 year high. Higher still, will see room to strong to 1450.00 congestion. Meanwhile, support remains at the 1425.00/1420.00 congestion area. Would take break here to fade the upside pressure and open up room for pullback to strong support at 1415.00 and 1406.00 area.