Published: 2025-12-05T02:42:03.000Z
Chart USD/KRW Update: Pressuring 1470.00/1475.00 resistance
-
Bounce from support at the 1460.00 congestion see prices extending choppy trade to pressure the 1470.00/1475.00 area
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1487.00 | ** | 9 Apr YTD high | S1 | 1460.00 | * | congestion | |
| R3 | 1480.00 | ** | 24 Nov high | S2 | 1448.00 | ** | 14 Nov low | |
| R2 | 1475.00 | * | 13 Nov high | S3 | 1440.00 | ** | congestion | |
| R1 | 1470.00 | * | congestion | S4 | 1435.00 | * | 14 Oct high |
Asterisk denotes strength of level
02:35 GMT - Bounce from support at the 1460.00 congestion see prices extending choppy trade to pressure the 1470.00/1475.00 area. Bullish structure suggest scope for break here to expose the 1480.00 high to retest and see scope to extend gains from the 1348.00 June low. Higher will expose the 1487.00 April current year high to retest. Meanwhile, support at the 1460.00 congestion underpin. Would take break here to fade the upside pressure and open up room for deeper pullback to strong support at the 1450.00/1448.00 congestion area and the 1440.00 level.