Published: 2025-08-15T02:50:31.000Z
Chart USD/KRW Update: Limited break of 1380.00 support
Technical Analyst
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Limited on break of support at the 1380.00 congestion as prices unwind the oversold intraday and daily studies
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1412.00 | ** | Apr low | S1 | 1380.00 | * | congestion | |
| R3 | 1406.00 | ** | 1 Aug high | S2 | 1375.00 | 13 Aug low | ||
| R2 | 1400.00 | * | Apr 2024 high | S3 | 1365.00 | ** | 24 Jul low | |
| R1 | 1395.00 | * | Jun 2024 high | S4 | 1360.00 | * | 26 May low |
Asterisk denotes strength of level
02:45 GMT - Limited on break of support at the 1380.00 congestion as prices unwind the oversold intraday and daily studies. Bounce sets up scope for retest of the 1395.00 and 1400.00 resistance. Clearance here will expose the 1406.00 high to retest and further retrace the April/June losses. However, gains are seen corrective and expected to give way to renewed selling pressure later to retest 1380.00/1375.00 support. Break will further retrace the June/August gains to strong support at the 1365.00/1360.00 area.