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Published: 2026-01-07T02:45:53.000Z

Chart USD/KRW Update: Corrective gains pressuring 1450.00 resistance

1

Little change, as prices consolidate test of resistance at the 1450.00 congestion but pressure remains on the upside

 LevelsImpComment  LevelsImpComment
R41470.00*congestion S11440.00*congestion
R31463.00*15 Dec low S21430.00**Dec low
R21460.00*congestion S31420.00*congestion
R11450.00*congestion S41415.00*16 Oct low, 50%

Asterisk denotes strength of level

02:40 GMT - Little change, as prices consolidate test of resistance at the 1450.00 congestion but pressure remains on the upside. Break above 1450.00 will see room for extension to the 1460.00 congestion area which is expected to cap and give way to fresh selling interest later. Meanwhile, support is raised to the 1440.00 level. Break here will expose the 1430.00 low to retest. Below this will extend the broader losses from the December high to retrace rally from the June low to the 1420.00/1415.00 congestion area and 50% Fibonacci level.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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