Published: 2025-09-22T02:38:00.000Z
Chart USD/KRW Update: Consolidating test of 1340.00 resistance
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Break above the 1390.00 level saw extension to retest strong resistance at the 1395.00/1400.00, June and April 2024 highs
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 1417.00 | * | 50% Apr/Jun fall | S1 | 1390.00 | * | congestion | |
| R3 | 1412.00 | ** | Apr low | S2 | 1380.00 | * | congestion | |
| R2 | 1406.00 | * | 1 Aug high | S3 | 1372.00 | * | 17 Sep low | |
| R1 | 1400.00 | * | Apr 2024 high | S4 | 1365.00 | ** | 5 May low |
Asterisk denotes strength of level
02:35 GMT - Break above the 1390.00 level saw extension to retest strong resistance at the 1395.00/1400.00, June and April 2024 highs. Reaction here see prices consolidating gains from the 1372.00 low but a later break cannot be ruled out. Clearance will open up room to resistance at 1406.00 August high then 1412.00 April low. Meanwhile, support is raised to the 1390.00 congestion. Would take break here to return focus to the downside for retest of the support at the 1380.00 congestion and the 1372.00 low.