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Published: 2025-09-17T02:43:13.000Z

Chart USD/KRW Update: Under pressure, 1375.00 support at risk

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Under pressure as break of the 1380.00 support see prices extending rejection from the 1406.00 August high

 LevelsImpComment  LevelsImpComment
R41406.00**1 Aug high S11375.00**Aug low
R31400.00*Apr 2024 high S21370.00*congestion
R21395.00*Jun 2024 high S31365.00**5 May low
R11384.00 9 Sep low S41360.00 congestion

Asterisk denotes strength of level

02:40 GMT - Under pressure as break of the 1380.00 support see prices extending rejection from the 1406.00 August high. Negative daily and weekly weighs and see room for deeper pullback to retrace gains from the June low. Break of the 1375.00 support will turn focus to strong support at the 1365.00/1360.00 area. Below these will return focus to the 1350.00/1348.00, June current year lows. Meanwhile, resistance is lowered to the 1384.00 low of 9 September now expected to cap and sustain pullback from the 1395.00/1400.00 resistance.

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Topics
USD/KRW-TA
EM-Technical
Technical Analysis

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